As a rule of thumb, economists recommend that Governments keep enough foreign reserves to be able to cover three months of imports. In Guyana’s case, however, our reserves are enough to cover little over a month’s worth of imports. This was a finding of the International Monetary Fund (IMF) during its recent article IV consultations in Guyana where it consulted with various stakeholders and analysed data to come up with economic projections and data on Guyana. The report pointed out that gross reserve coverage declined to 2.1 months of imports,…
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Guyana commissions 3rd Sexual Offences Court
The Social Protection Ministry in collaboration with the British High Commission of Guyana and the United Nations Children Fund (UNICEF) on Monday commissioned the third Sexual Offences Court, this time in Essequibo, Region Two (Pomeroon-Supenaam). The structure was built in Suddie at the tune of G$17.4 million, with funding from the British High Commission and UNICEF. The two other Sexual Offences Courts are located in Georgetown, Region Four (Demerara-Mahaica) and Berbice High Court, Esplanade Road, New Amsterdam, Region Six (East Berbice-Corentyne). The Department of Public Information (DPI) reported that under…
Read MorePPP promises free tertiary education if elected
As the People’s Progressive Party (PPP) rolls out aspects of its manifesto for the upcoming elections, Presidential Candidate Irfaan Ali continues to highlight specific sectors – this time drawing focus on the education sector. He pointed out that the policies in the education sector under the PPP Administration would be geared towards improved access, quality, affordability and preparing Guyanese students at the Technical and Vocational Education and Training (TVET) and Tertiary levels so as to ensure that they secure better-paying jobs in line with the requirement of the economy. “Consistent…
Read MoreDrunken cop slams Police boat into private vessels; probe launched
An investigation has been launched into the circumstances surrounding a police constable being allowed to operate a service boat while reportedly being under the influence of alcohol. INews understands that on Sunday afternoon the constable was steering the boat along the Canje River, Berbice, Region Six (East Berbice-Corentyne), when he crashed into two private vessels, causing them to become submerged. According to information reaching INews, the river exercise was in preparation for a trip that was scheduled to occur on Monday. INews was told that an officer at Central Police…
Read More‘Happy to be home’
…Guyanese family returns from hurricane-ravaged Bahamas A Guyanese family on Sunday evening returned home from the devastated Bahamas, following the category five hurricane, Dorian. The five-member family arrived on Sunday evening at the Cheddi Jagan International Airport (CJIA) about 21:30h and was received by Foreign Affairs Minister, Dr Karen Cummings; Minister of State, Dawn Hastings-Williams and Director of the Civil Defence Commission (CDC), Lieutenant Colonel Kester Craig. Thirty-five-year-old Orin Grimmond and his wife, 35-year-old Sholme Grimmond, arrived with their three children seven-year-old Seraphine, two-year-old Angeline and two-month-old Kemuel. The family…
Read MoreUG bomb threats: Trial to commence on Oct. 8
Sheneza Jafferally, called Diane, of Cummings Lodge, East Coast Demerara, who was charged for causing chaos at the University of Guyana after making several bomb threats, is expected to appear at the Sparendam Magistrate’s Court on October 8 for the commencement of her trial. Jafferally, a student at the University of Guyana (UG), was charged in February, for allegedly making bomb threats that interrupted classes on the campus. Particulars of the charge alleged that on February 5, 2019 at Cummings Lodge, Jafferally sent, by means of a public telecommunication device…
Read MoreAutopsy finds US-based Guyanese chef was strangled
An autopsy has confirmed that the US-based Guyanese man who was discovered dead in his Kitty, Georgetown apartment on Sunday morning was strangled. This newspaper understands that the autopsy was performed yesterday on Andre Gordon’s body by Government Pathologist Dr Nehaul Singh who gave his cause of death as strangulation. The nude body of Gordon, 52, was discovered on the kitchen floor of his Station Street, Kitty, Georgetown apartment. Based on reports received, the man, who was scheduled to return to the United States on Monday, was last seen alive…
Read MoreSuspected bandit shot dead in confrontation with Cops
Chaos erupted in Leopold Street, Georgetown on Wednesday after a suspected bandit was shot and killed by Police in the wee hours of the morning while hunting for two robbery suspects. Dead is 35-year-old Orin Odinga Williams, a father of one of Leopold Street, Werk-en-Rust. He was killed about 01:45h on Wednesday in Norton Street, Wortmanville by ranks of the Stabroek Police Outpost, who had responded to a report of an alleged robbery in the area. According to a statement from the Police, four persons were held at gunpoint at…
Read MoreJagdeo lashes out at Coalition Gov’t for ‘gross incompetence’ in looming oil and gas sector
Opposition Leader Bharrat Jagdeo is of the belief that Guyana has become a laughing stock on the international stage owing to the gross incompetence the coalition Government and top officials continue to portray. He was at the time speaking about statements made by Head of the Department of Energy, Dr Mark Bynoe, during an interview with the New York-based Bloomberg. The August 13, 2019 article titled “The World’s Newest Petrostate Isn’t Ready for a Tsunami of Cash” states: “When Mark Bynoe, the director of Guyana’s Department of Energy, was a…
Read MorePoll date: President Granger tells foreign diplomats to allow Govt to resolve issue
In response to the strongly worded statement by the foreign powers on Thursday that the Guyana government is in breach of the country’s Constitution, President David Granger has maintained that this is not the case and called on the diplomats to allow the government to resolve the political issues. Following his address at the Luncheon hosted by the Guyana Manufacturing and Services Association (GMSA) at the Pegasus Hotel in Georgetown, Granger said that it is the mandate of the Guyana Elections Commission (GECOM) to advise him on when the commission…
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