FINANCE

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Guyana backs deeper partnership with IDB, calls for financing tools tailored to Caribbean realities

March 16, 2026 Staff Reporter

Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, has reaffirmed Guyana’s commitment to strengthening its partnership with the Inter-American Development Bank (IDB) while urging the institution to expand and tailor its financing tools to better support the Caribbean’s unique challenges. Dr. Singh made the remarks during the 2026 […]

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NRF climbs to $741.3B at end of January

February 20, 2026 Staff Reporter

NRF climbs to $741.3B at end of January, boosted by oil inflows and interest earningsThe Natural Resource Fund (NRF) closed January 2026 with a balance of $741.3 billion, reflecting a sharp month-to-month increase driven mainly by oil revenues and interest earnings. According to the Bank of Guyana’s latest monthly statement, the Fund’s closing balance stood […]

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Gov’t advancing plans to launch Development Bank for SMEs

February 11, 2026 Staff Reporter

Government has begun moving ahead with plans to establish the long-promised Guyana Development Bank, an institution intended to ease the longstanding financing hurdles faced by small and medium-sized enterprises (SMEs). The update came from Minister of Tourism, Industry and Commerce, Susan Rodrigues, during Tuesday’s Committee of Supply, where WIN Member of Parliament Tabitha Sarabo-Halley queried […]

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Region 7 small miners generated $88B as Bartica rebounds

February 11, 2026 Staff Reporter

President Irfaan Ali on Wednesday declared that Bartica and the wider Region Seven economy are experiencing a strong rebound, pointing to billions in revenue, thousands of jobs and renewed investment across the mining and natural resources sectors. The Head of State, while outlining developments in the region, noted that Region Seven accounted for 41 per […]

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More than 700,000 to benefit from $100k cash grant

February 10, 2026 Staff Reporter

More than 700,000 Guyanese are expected to benefit from the government’s second $100,000 cash grant, with $72.5 billion set aside under the Office of the Prime Minister in the 2026 national budget to fund the nationwide payout. The disclosure was made on Monday during the consideration of the 2026 budget estimates in the Committee of […]

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Government outlines expanded role for President’s Youth Advisory Council as $75M allocated in 2026 budget

February 10, 2026 Staff Reporter

The government on Monday defended a $75 million allocation for the President’s Youth Advisory Council in the 2026 national budget, outlining ongoing investments in youth development and plans to expand the council’s reach and impact nationwide. During the consideration of Estimates in the National Assembly, Minister of Governance and Parliamentary Affairs Gail Teixeira explained that […]

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GO-INVEST defends CEO salary, points to non-oil investment record

February 10, 2026 Staff Reporter

The Guyana Office for Investment (GO-INVEST) has moved to justify the salary paid to its Chief Executive Officer Peter Ramsaroop, following criticism from the opposition We Invest in Nationhood (WIN) party over the agency’s budget allocation. The issue surfaced on Monday evening during the consideration of the 2026 budget estimates in the National Assembly, when […]

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$41.8B for GDF, $10.4B for Office of President among approvals as Budget 2026 estimates examined

February 10, 2026 Staff Reporter

The Committee of Supply on Monday approved a series of allocations for constitutional agencies, governance bodies and national institutions as part of the ongoing consideration of the 2026 national budget estimates. Among the largest sums approved was $41.8 billion for the Guyana Defence Force (GDF) and $10.4 billion for the Office of the President, while […]

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Support for mothers, children strengthened in Budget 2026

January 28, 2026 Staff Reporter

Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, on Monday said Budget 2026 places families, particularly mothers and children, at the heart of Government’s development agenda, with direct cash support, expanded healthcare and continued investment in education and housing. Presenting the $1.558 trillion national budget, Singh said the […]

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Budget 2026 to deliver nearly $150B in cash transfers – Ali

January 28, 2026 Staff Reporter

President Dr Irfaan Ali says Budget 2026 will see close to $150 billion being placed directly into the hands of citizens through cash transfers and related measures, pointing to growing disposable income and noticeable lifestyle changes across the country. The Head of State made the remarks during a prerecorded discussion with women in the private […]

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