FINANCE

FINANCE

FPSO import drives 81% surge in Guyana’s merchandise imports -BoG

December 12, 2025 Staff Reporter

Guyana’s merchandise import bill surged by more than 80 per cent in the first half of 2025, driven almost entirely by the importation of the country’s fourth Floating Production Storage and Offloading (FPSO) vessel, One Guyana, according to the Bank of Guyana’s Half-Year Report. The value of merchandise imports increased by 81.1 per cent, or […]

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FINANCE

PSC compiling 2026 budget proposals

December 12, 2025 Staff Reporter

Focus on tax relief, incentives, migrant workforce support and local content expansion Head of the Private Sector Commission (PSC), Gerald Gouveia Jr., says the organisation is currently compiling its recommendations for the 2026 National Budget, following wide-ranging consultations with business bodies across the country. He explained that, as is customary each year, the private sector […]

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FINANCE

Guyana to launch premier aviation school

December 10, 2025 Staff Reporter

-President Ali announces he made call for cheaper domestic air travel President Dr. Irfaan Ali on Tuesday announced that Guyana will soon have its own aviation school capable of fully training and certifying local pilots and aviation professionals, a move he says is central to expanding access to air travel and steering the country’s aviation […]

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FINANCE

Massive investment push coming in 2026 budget- major shift to long term investments

December 6, 2025 Staff Reporter

Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, has signalled a major shift in Guyana’s 2026 National Budget, away from routine government spending and towards investments that strengthen long-term economic competitiveness. Speaking at the Guyana Manufacturing and Services Association’s (GMSA) 30th Anniversary Dinner and Awards on Wednesday, he […]

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FINANCE

President announces new interest-free loans and expanded assistive aid support for persons with disabilities

December 4, 2025 Staff Reporter

President Dr. Mohamed Irfaan Ali has announced major new financial support measures aimed at helping persons living with disabilities become more independent and better equipped for income-generating opportunities. Speaking during the International Day of Persons with Disabilities observance, the President revealed that a special financing window will soon be introduced through the new Development Bank. […]

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FINANCE

Guyana’s economy surges in first half of 2025

November 28, 2025 Staff Reporter

Guyana’s economy continued its strong upward climb in the first half of 2025, posting major gains in both the oil and non-oil sectors despite ongoing global uncertainties. According to the Bank of Guyana’s 2025 Half-Year Report, the local economy grew steadily even as worldwide growth slowed. Real oil GDP rose by 7.5 percent, supported by […]

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Agriculture

Agriculture, forestry sectors strengthen in first half of 2025 -BoG

November 27, 2025 Staff Reporter

Guyana’s agriculture sector delivered a strong performance for the first half of 2025, with major improvements in sugar, rice, livestock, and other crop production, even as parts of the fishing industry continued to face challenges. The newly released Bank of Guyana Half-Year Report shows broad-based growth across several key sub-sectors, supported by better infrastructure, expanded […]

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FINANCE

Budget preparation underway as gov’t moves to deliver on 2025–2030 agenda

November 25, 2025 Staff Reporter

Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, has confirmed that work is already underway on the preparation of the next National Budget, with ministries and government agencies having submitted their proposals in keeping with the administration’s five-year development agenda. Speaking on the government’s approach, Dr. Singh said […]

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FINANCE

Gov’t Unveils 2026 Launch of GDB with 0% Loans, No Collateral Requirements

November 25, 2025 Staff Reporter

Government preparations for the establishment of the Guyana Development Bank (GDB) are already underway, with the institution set to become operational by the end of the first quarter of 2026. The bank will be capitalised with a minimum of $200 million and is being designed as a major engine to expand access to finance, stimulate […]

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FINANCE

Guyana records stronger fiscal performance in 2024… Auditor General reports $35.8B positive balance

November 13, 2025 Staff Reporter

Guyana’s public financial systems continue to show marked improvement, with the 2024 Auditor General’s Report confirming stronger fiscal discipline and better management of state resources.According to the report, the Consolidated Fund ended 2024 with a positive balance of $35.879 billion, compared to $30.187 billion in 2023. The report also noted that the Fund was reconciled […]

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