Category: News

Caribbean Forum of African Caribbean States (CARIFORUM) Secretary General Irwin LaRocque has expressed concern over the possibility of a decrease in development assistance from the European Union (EU) under the new EU Development Policy. Addressing the 20th meeting of the CARIFORUM Council of Ministers in Santo Domingo in the Dominican Republic on Thursday, the secretary general referred to the new policy, and pointed out that it threatened to cast a shadow over CARIFORUM-EU relations which had matured and broadened to the benefit of both parties. The new EU Development Policy…

Guyana was among 138 member states of the United Nations which voted in favour of a resolution on the status of Palestine in the UN. Guyana was also a co-sponsor of the resolution which was adopted. In a statement, government said too that it submitted to the Palestinian Committee on the Exercise of the Inalienable Rights of the Palestinian people a statement of solidarity on the occasion of the International Day of Solidarity with the Palestinian People.  The text of that reads: On occasion of the International Day of Solidarity…

Guyana recorded another year of robust growth in 2011 supported by favourable external conditions, rising foreign direct investment and low inflation, the International Monetary Fund (IMF) has reported. The IMF in its latest assessment of Guyana, noted that following the general elections in November 2011, the political situation, though largely stable, became more complicated, but investor interest has remained strong and confidence generally positive. In 2011, output expanded by 5.4 per cent, buoyed by increased activity in the gold, agriculture and services sectors. Twelve-month inflation was at 3.3 per cent…

At the recent Guyana Manufacturing and Services Association’s award ceremony at the Pegasus Hotel, Finance Minister Dr Ashni Singh told the business stakeholders of Government’s willingness to have their input in the Amaila Falls Hydro Power project. “We are available as a government, to engage with you to the ultimate level of detail, as it relates to this project so that we can add your voice of support,” Dr Singh said. This is indicative of government’s recognition of the national importance of this project and its commitment to build strong…

Radio Guyana Inc. (RGI) was launched on Thursday December 6, 2012. The radio station is the first of new radio licencees to commence operation in the country. In January, the Government of Guyana (GoG) issued licences to ten entities to operate radio stations. RGI is part of a dynamic media group. It will be based out of TVG, located at Camp and Quamina Streets in Georgetown. The station will provide a twenty four hour (24h) mix of several genres of music – R&B, Soca, Bollywood Hits, selective Chutney, Hip-Hop and…