The European Union (EU) this afternoon announced the release of an additional €7.5 million in budgetary support to Guyana EU Ambassador to Guyana, Fernando Ponz Cantó explained that the budget support is proof of trust and of a true partnership between Guyana and the EU as the funds are channeled through the national treasury and…
By Kemol King SENIOR Minister with responsibility for Finance, Dr. Ashni Singh, has promised a duo of bills for local content and the Natural Resource Fund (NRF), which, once passed by the National Assembly and accented to by President Dr. Irfaan Ali, will establish a strong framework for managing the oil and gas sector. The…
There will be no wholesale copying of another country’s Sovereign Wealth Fund (SWF) model to manage the massive revenues being accumulated from local oil and gas development. Instead, Guyana’s oil fund is expected to reflect the best aspects of various existing models. This was recently highlighted by the Senior Minister within the Office of the…
The European Union (EU) this afternoon announced the release of an additional €7.5 million in budgetary support to Guyana EU Ambassador to Guyana, Fernando Ponz Cantó explained that the budget support is proof of trust and of a true partnership between Guyana and the EU as the funds are channeled through the national treasury and…
A counterfeit ring in Region Six (East Berbice-Corentyne) was recently busted after Berbice sleuths, acting on intelligence received, went to a house at Vryied Village, West Canje and seized a quantity of fake US and local currencies with a face value of just under a millions dollars. A 29-year-old male and his wife are in…
By Vishani Ragobeer Vishani@newsroom.gy Many have been critical of Guyana’s oil and gas exploits because the production of oil and gas is harmful to the environment. Vice President Dr. Bharrat Jagdeo, however, emphasises that it is the larger, developed countries that should stop the production of oil and gas. The developed countries of the world…
The European Union (EU) this afternoon announced the release of an additional €7.5 million in budgetary support to Guyana EU Ambassador to Guyana, Fernando Ponz Cantó explained that the budget support is proof of trust and of a true partnership between Guyana and the EU as the funds are channeled through the national treasury and…
THE Guyana Police Force (GPF), on Wednesday, received legal advice from the Director of Public Prosecutions (DPP) to institute a charge of corrupt transaction by agent against Permanent Secretary of the Ministry of Amerindian Affairs, Sharon Hicks. This was confirmed by Crime Chief, Wendell Blanhum, who said that Hicks is expected to appear before a…
On the direction of the Cabinet Task Force, the Civil Defence Commission (CDC) in collaboration with Regional Authorities of Pomeroon Supenaam (Region 2) yesterday delivered 1,475 cleaning hampers, 18 food hampers for shelters and 20,000 water purification tablets to flood-impacted residents. Persons from the villages of Karawab and St. Monica are significantly impacted and as…
The European Union (EU) this afternoon announced the release of an additional €7.5 million in budgetary support to Guyana EU Ambassador to Guyana, Fernando Ponz Cantó explained that the budget support is proof of trust and of a true partnership between Guyana and the EU as the funds are channeled through the national treasury and…
