Category: Ministry of Finance

Over 50,000 Public Servants, Teachers, Members of the Disciplined Services, and Government Pensioners paid 7 Percent Salary Increase

Over 50,000 Public Servants, Teachers, Members of the Disciplined Services, and Government Pensioners paid 7 Percent Salary Increase

- December 18, 2021

-Over $10.5 billion in wages and salaries paid out in December Over 50,000 public servants, teachers, members of the disciplined ... Read More

New NRF Bill dismantles APNU/AFC’s architecture for Ministerial involvement and interference

New NRF Bill dismantles APNU/AFC’s architecture for Ministerial involvement and interference

- December 18, 2021

- Bill strengthens transparency and oversight The Ministry of Finance has taken note of recent pronouncements made, particularly in a ... Read More

New NRF Bill strengthens transparency and oversight – Finance Minister

New NRF Bill strengthens transparency and oversight – Finance Minister

- December 17, 2021

─ improved management mechanisms proposed The new Natural Resource Fund Bill 2021 emphasizes transparency and strengthened oversight. Assuring this was ... Read More

Government seeks to improve transparency, accountability in Guyana’s petroleum revenue management

Government seeks to improve transparency, accountability in Guyana’s petroleum revenue management

- December 16, 2021

-as Senior Finance Minister tables Bill for new Natural Resources Fund (NRF) Act The Government of Guyana, in its most ... Read More

House passes $5.1B contingency fund advances

House passes $5.1B contingency fund advances

- December 16, 2021

The National Assembly on Thursday, passed contingency fund advances to the tune of $5,112,355,210, after several hours of questioning over ... Read More

NRF Bill sets transparent provisions for use of Guyana’s oil money

NRF Bill sets transparent provisions for use of Guyana’s oil money

- December 16, 2021

The first schedule to the Natural Resource Fund Bill 2021, sets simple rules for the ceiling on withdrawals from Guyana’s ... Read More

NRF Bill proposes board of directors; keeps accountability committee

NRF Bill proposes board of directors; keeps accountability committee

- December 16, 2021

The Natural Resource Fund Bill 2021, which was laid in the National Assembly on Thursday, proposes the addition of a ... Read More

Oil laws will set strong framework for sector’s management – Finance Minister

Oil laws will set strong framework for sector’s management – Finance Minister

- December 16, 2021

Senior Minister in the Office of the President with responsibility for finance, Dr. Ashni Singh, on Wednesday promised a duo ... Read More

Election saga, ongoing pandemic among reasons for GRA’s low tax collection

Election saga, ongoing pandemic among reasons for GRA’s low tax collection

- December 14, 2021

The Guyana Revenue Authority (GRA) received some $3.7 billion in taxes for the year 2020, representing an overall performance rate ... Read More

Financial Papers presented in Parliament by Senior Finance Minister

Financial Papers presented in Parliament by Senior Finance Minister

- December 14, 2021

Funding sought for critical interventions of national importance Government on Monday, presented financial papers to address a number of urgent ... Read More