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 […]
FINANCE
Collateral Registry now operational, AG Nandlall says system modernises access to credit
Attorney General and Minister of Legal Affairs, Anil Nandlall, S.C., has announced that Guyana’s new Collateral Registry is now up and running, marking a major step toward modernising the country’s credit system and improving access to financing for individuals and businesses. Speaking on his weekly programme Issues in the News, Nandlall explained that the move […]
Guyana’s Collateral Registry Now Fully Operational
An initiative of the Ministry of Tourism, Industry and Commerce, in collaboration with the Ministry of Legal Affairs and the Commercial Registry, with support from the Inter-American Development Bank (IDB). The Ministry of Tourism, Industry and Commerce (MINTIC) is pleased to announce the full operationalisation of Guyana’s Collateral Registry, a landmark development in advancing financial […]
Finance Minister Delivers Feature Address at Launch of World Trade Centre Georgetown
Finance Minister Dr. Ashni Singh on Tuesday delivered the feature address on behalf of President Dr. Irfaan Ali at the official launch of the World Trade Centre Georgetown (WTCG). In his remarks, Dr. Singh described the establishment of the WTCG as a timely and strategic development in Guyana’s economic journey. He emphasized that the initiative […]
R3CCI Joins Guyana–Brazil Delegation to Boost Regional Agro-Trade
The Essequibo Islands–West Demerara Chamber of Commerce and Industry (R3CCI) was among the private sector representatives who journeyed to Lethem on October 15, 2025, as part of a high-level delegation aimed at strengthening agricultural and trade ties between Guyana and Roraima, Brazil. The mission was led by Minister of Agriculture, Hon. Zulfikar Mustapha, and Minister […]
Oko Gold Project a go For Altair Mining Company
In what could be a landmark transaction in Guyanese mining, Altair Minerals Ltd has completed the acquisition of the Greater Oko Project, consolidating fragmented exploration blocks into one near-contiguous land package. The company and its backers tout this move as positioning Altair at the front door of what might be the region’s “last El Dorado.” […]
Two major gold mines to resume production by 2027 – President Ali
President Dr. Irfaan Ali has announced that by 2027, Guyana will see the return of two large-scale gold mines to full production, pushing national output to more than one million ounces annually. Speaking at a recent public engagement, the President said the revival of the two major operations will signal another phase of Guyana’s economic […]
GMSA raises concern over port delays in Trinidad affecting local businesses
The Guyana Manufacturing and Services Association (GMSA) has raised concerns about ongoing port congestion and shipping delays in Trinidad, saying the situation is hurting local businesses that depend on timely imports and exports. In a statement this week, the association said the disruptions have slowed the movement of goods to and from Guyana, creating serious […]
Guyana Set to Lead the Americas in Growth as World Bank Projects Double-Digit Expansion
Guyana is on track to outpace every other economy in the Americas, with the World Bank forecasting it will remain the only country in the region to post double-digit economic growth through 2027. In its October 2025 Global Economic Prospects Report, the World Bank projected Guyana’s real GDP to expand by 11.8 percent in 2025, […]
G Mining Ventures secures over US$500M to advance Oko West Gold Project in Guyana
Canadian-based mining company G Mining Ventures Corp. (GMIN) has secured major financing to push ahead with the development and construction of its 100-percent-owned Oko West Gold Project in Region Eight, Guyana. The company announced that it has obtained commitments for an initial US$387.5 million financing package, which could increase by an additional US$150 million six […]