The government of Guyana is poised to receive over US$12 billion in oil revenues from 2025 to 2028, a crucial component in its broader development strategy. These funds, generated from crude oil sales and royalties, are being strategically invested to enhance the quality of life for Guyanese citizens. Already, over US$3 billion has been allocated […]
Guyana’s public and publicly guaranteed (PPG) debt surged dramatically in 2024, reaching US$5.993 billion, a 167% increase from US$2.239 billion in 2023. This significant rise in debt was revealed by Finance Minister Dr. Ashni Singh during his budget presentation on Friday, underscoring the government’s aggressive borrowing strategy. Despite this increase, Singh emphasized the government’s continued […]
Guyana’s cricketing future has received a major boost with the announcement of the Guyana Cricket Academy, set to be led by legendary West Indies cricketer Sir Clive Lloyd. The news, revealed by Minister of Sport Charles Ramson Jr., is seen as a major step towards developing the next generation of cricketing talent in the country. […]
2025 is set to be a significant year for politics across the Caribbean, as several countries prepare for General Elections. Major CARICOM nations such as Trinidad and Tobago, Jamaica, Guyana, Suriname, and St. Vincent and the Grenadines will command regional attention as voters decide whether to retain current administrations or usher in change. Governments in […]
By Ron Cheong No one wanted the season to pass without marking some meaningful change in their life, however small. This sentiment permeated the air as Christmas approached, filling the neighborhood with a sense of expectancy. Carols on Radio Demerara played on repeat, blending “I’m Dreaming of a White Christmas” with local favorites like Bill […]
Indian Prime Minister Narendra Modi is set to embark on a historic state visit to Guyana this week marking the first visit by an Indian leader to the oil-rich Caribbean nation since Indira Gandhi in 1968. The trip is expected to strengthen ties between the two countries through energy and defense agreements, amid Guyana’s ongoing […]
Guyana’s Vice President Bharrat Jagdeo expressed optimism on Thursday that the incoming U.S. administration, under President Donald Trump, will provide robust support in resolving the ongoing border dispute between Guyana and Venezuela. Speaking at his party’s weekly press briefing, Jagdeo reflected on the positive relationship Guyana has maintained with the outgoing Biden administration but emphasized […]
A new financial incentive announced by the Guyanese government is creating excitement among the diaspora community, particularly in Canada and the U.S. The program, set to take effect in January 2025, offers $100,000 Guyanese dollars (approx. $670 CAD) to eligible citizens, sparking an increase in calls and inquiries to the Guyanese consulate in Toronto. Honorary […]
By Ravendra Madholall in Guyana Jai Hind cricket team captured the 2024 Prime Minister’s Softball Cup trophy recently at the Police Sport Club ground, Eve Leary, Georgetown, Guyana. They dethroned Guyana-based team Regal by five wickets in front of a boisterous crowd including the Honourable Minister of Culture, Youth and Sport Charles Ramson. Jai Hind […]
Guyana’s economic landscape is diversifying, incorporating a wider range of industries and opportunities, President Dr. Mohamed Irfaan Ali announced in a recent TV interview with Concordia co-founder Matthew Swift. Highlighting the contributions of the United States and China to Guyana’s growth, President Ali noted that the country is now home to a more varied portfolio […]