Gov’t approaches National Assembly for $44.7B in supplementary funding

Gov’t approaches National Assembly for $44.7B in supplementary funding

The government on Thursday approached the National Assembly for $44.7 billion in supplementary funding for the period ending December 31, 2022. The supplementary provision being requested covers both current and capital estimates. The financial paper was presented by Finance Minister Dr. Ashni Singh; of the $44.7 billion, some $3.1 billion will go towards Amerindian development…

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No trafficking in person convictions in Guyana for first time in past 4 years -US State Dept.

No trafficking in person convictions in Guyana for first time in past 4 years -US State Dept.

While noting that the Guyana Government continues to demonstrate serious and sustained efforts to fight the trafficking of persons, the US State Department’s 2022 Trafficking-in-Persons report highlighted the fact that for the first time in four years, there were no convictions of persons involved in trafficking in persons. The US State Department’s International Trafficking-in-Persons report…

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More streams of financing for locals

More streams of financing for locals

–with opening of New Hayven Merchant Bank GUYANESE now a have new pool of financial resources to explore, with the official launch of the New Hayven Merchant Bank at the Marriott Hotel, on Thursday. At the launch of the new financial institution, President, Dr. Irfaan Ali, said the aim of such investments is to ensure…

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Ogle Airport to be expanded

Ogle Airport to be expanded

The Eugene F. Correia International Airport at Ogle, East Coast Demerara will be expanded, President Dr Irfaan Ali announced on Thursday. “We will have an expansion of the airport, the airport is going to be unveiling an expansion plan that will see a lot of development coming to support the airport,” President Ali said while…

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No trafficking in person convictions in Guyana for first time in past 4 years -US State Dept.

No trafficking in person convictions in Guyana for first time in past 4 years -US State Dept.

While noting that the Guyana Government continues to demonstrate serious and sustained efforts to fight the trafficking of persons, the US State Department’s 2022 Trafficking-in-Persons report highlighted the fact that for the first time in four years, there were no convictions of persons involved in trafficking in persons. The US State Department’s International Trafficking-in-Persons report…

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Advancing the development agenda

Advancing the development agenda

–$44B in supplementary funding being sought for key projects, support services   OVER $44 billion in supplementary funding for capital and current expenses is being requested by the government to address issues in drainage and irrigation, housing development, furniture for schools, and development in Amerindian and hinterland communities among other issues. The supplementary provision was…

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No trafficking in person convictions in Guyana for first time in past 4 years -US State Dept.

No trafficking in person convictions in Guyana for first time in past 4 years -US State Dept.

While noting that the Guyana Government continues to demonstrate serious and sustained efforts to fight the trafficking of persons, the US State Department’s 2022 Trafficking-in-Persons report highlighted the fact that for the first time in four years, there were no convictions of persons involved in trafficking in persons. The US State Department’s International Trafficking-in-Persons report…

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New merchant bank promises to help small businesses & fund Guyana’s transformation agenda

New merchant bank promises to help small businesses & fund Guyana’s transformation agenda

Nearly 30 years after the first merchant bank was licenced in Guyana, the New Hayven merchant bank has been launched with the promise to help small businesses secure much-needed finance and to aid the country’s transformation agenda. The licence was granted to the United States (US) based Guyanese, Floyd Haynes, who has served on Guyana’s…

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