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Category: Uncategorized

BUDGET 2024: Works for Linden Highway amid $204B budgeted for roads & bridges

January 15, 2024 Author: Category: Uncategorized

A total of $204.1 billion has been allocated to upgrade and expand the country’s roads and bridges network in the 2024 National Budget. And another $73.2 billion is budgeted in 2024 to continue the government’s programme of constructing, rehabilitating and maintaining community roads. In 2023, $134.3 billion was expended to…

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BUDGET 2024: With $95.7B for energy sector, expansions expected at GPL, solar & hydroelectricity projects

January 15, 2024 Author: Category: Uncategorized

A total of of $95.7 billion is allocated in the 2024 budget for the energy sector. Finance Minister Dr. Ashni Singh said the funds will help the government to meet short-term energy needs and invest in doubling its generating capacity for the medium term and advance the transition towards cleaner…

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BUDGET 2024: $450M for Small Business Fund; $331M for Small Business Bureau

January 15, 2024 Author: Category: Uncategorized

Budget 2024 continues the government’s commitment to support small businesses with $450 million allocated for the replenishment of the Small Business Development Fund and $331 million allocated for the Small Business Bureau. According to Finance Minister Dr. Ashni Singh, these monies will support initiatives that grow small and micro business…

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BUDGET 2024: Major focus on flood management, drainage as agri. sector gets $97.6B

January 15, 2024 Author: Category: Uncategorized

The government has budgeted nearly $100 billion for the agricultural sector and a huge part of that allocation will be spent on drainage and irrigation thereby bolstering Guyana’s flood management capabilities. This was revealed by Finance Minister Dr. Singh on Monday during his presentation of the 2024 National Budget at…

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BUDGET 2024: $6B for GuySuCo to bolster production, operational efficiency

January 15, 2024 Author: Category: Uncategorized

The government has allocated a total of $6 billion for the Guyana Sugar Corporation (GuySuCo) in the 2024 National Budget and according to Finance Minister Dr. Ashni Singh, this will help the corporation to bolster its production and operational efficiency. “These investments are expected to improve production and productivity,” Dr….

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Almost 4,000 locals hired to support oil sector since Local Content legislation enacted

January 15, 2024 Author: Category: Uncategorized

Since the passage of the Local Content Bill in December 2021 and its enactment in January 2022, almost 4, 000 Guyanese have gained direct and indirect employment in the oil and gas sector. This is according to Finance Minister Dr. Ashni Singh who made the revelation during his presentation of…

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BUDGET 2024: Inflation lowered last year; oil & agri. among sectors booming

January 15, 2024 Author: Category: Uncategorized

Finance Minister Dr. Ashni Singh on Monday said inflation in Guyana was lower last year even though the country grappled with many regional and international economic challenges. Dr. Singh is presenting the 2024 National Budget at a sitting of the National Assembly being held at the Arthur Chung Conference Centre,…

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BUDGET 2024: ‘Undistracted’ PPP/C Gov’t using 5th budget to ‘stay the course, build prosperity for all’

January 15, 2024 Author: Category: Uncategorized

Finance Minister Dr. Ashni Singh on Monday presented the highly-anticipated 2024 National Budget to the country from a podium on the floor of the National Assembly being held at the Arthur Chung Conference Center, Liliendaal. It is the fifth budget of the People’s Progressive Party Civic (PPP/C) government since its…

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5,000 marijuana plants destroyed at Yarrowkabra, four arrested

January 15, 2024 Author: Category: Uncategorized

Police have arrested four men following the discovery and destruction of eight fields containing some 5,000 marijuana plants at Yarrowkabra, Soesdyke-Linden Highway on Monday. In custody are: Fayon Reeves, 25, a farmer of Circuit Road, Timehri, East Bank Demerara; Kishore Ram, a 35-year-old labourer of Cumming’s Lodge; Munesh Ram, 29,…

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First search & rescue crew for Omni Helicopters Guyana Inc. selected, to begin training

January 15, 2024 Author: Category: Uncategorized

See below press release from Omni Helicopters: Omni Helicopters officially selected six Guyanese nationals to become Search & Rescue (SAR) Rear Crew with additional aviation security roles. The team have commenced training with the primary role as Rear Crew to work as part of the team supporting the SAR Helicopter…

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