America Guyana The Secretary of Foreign Affairs, Robert Persaud, assured that the country's oil production price is the lowest in the world, guaranteeing that the country will establish very competitive prices when selling barrels
America Guyana A consortium of local businesses, in collaboration with international maritime infrastructure companies, will design and build a US$300 million shore base facility to support the country's oil extraction projects
America Guyana The World Bank recently announced that the country’s economy had grown by 72% since the start of the pandemic, being the highest economic growth in Latin America as well the Caribbean
America Guyana The Customs Anti-Narcotics Unit and the Ministry of Education have formed a formal partnership to establish a national anti-narcotics sensitisation programme to prevent drug-use in local academic facilities
America Guyana The government has set aside approximately USD$23 million for the 2022 national budget to address the recent steep increase in prices
America Guyana As the state strives to rebuild and expand its tourism sector, Guyanese tech entrepreneur Salaudeen Nausrudeen invested US$60 million in an App to help market the state’s tourism to foreigners as well as locals
America Guyana The Laboratory of the Inter-American Development Bank (The IDB Lab), is providing financial support to STEM Guyana Inc. to help 1000 children across 40 communities; this aid includes technology tools and supplementary learning in school subjects
America Guyana The government will support the electric vehicle industry by building the appropriate infrastructure to favor the circulation, as well as by providing fiscal incentives for individuals that opt for an electric vehicle
America Guyana The country has 85% of its land covered by forests, being the second country with the most wildlife coverage; the president proposed to officially protect it at the International Energy Conference in Georgetown last week in exchange for carbon credit
America Guyana Government officials met with Cuban representatives in order to discuss about the possibility of the two countries expanding their bilateral relationship
America Guyana In order to improve business competitiveness and push job creation, Guyana’s government plan for 2022 includes tax cuts for pickups, trucks, contractors and businesses
America Guyana The government pledged that oil-revenues will be mainly directed to the green economy, in order to cut back emissions regardless of their increasing petroleum production
America Guyana Two new major oil discoveries have been made off the coast of the country; officials estimate that 100 billion barrels could be extracted from these newly found reserves