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May 21, 2025
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  • Upcoming: Oil Talk with OGGN on KN watch at https://www.facebook.com/kaieteur.radio

    May 19, 2025May 19, 2025
  • LANDMARK COURT ACTION CHALLENGES 14-YEAR FAILURE OF TRANSPARENCY REGIME: First Enforcement Case Under Access to Information Act – Commissioner Accused of Systematic Obstruction

    May 17, 2025
  • Undoing Sandil Kissoon – Part 2

    May 17, 2025May 17, 2025
  • Undoing Sandil Kissoon

    May 16, 2025
  • Oil Talk with OGGN Guyana Episode #48: Secrecy Breeds Corruption – Guyanese Right to Access Information

    May 15, 2025May 19, 2025
  • Refer the Oil Pollution Bill 2025 to a Select Committee due to its technical deficiencies and legal ambiguity

    May 13, 2025
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  • Bank of Guyana

Bank of Guyana

  • Ganga Ramdas

Cost of Living Index data is missing or unreliable

News EditorFebruary 18, 2024February 22, 202406 mins

There had been apparent controversy regarding both prices and incomes data generated by official reports purportedly measuring the Guyana Cost of Living, reflected  by the Consumer Price Index, CPI and the Nominal Gross Domestic Product, GDP.   There is a further complication as the World Bank raised Guyana’s low income status to a high income status…

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Kenrick Hunte - ExxonMobil Guyana Limited profit squeeze
  • Kenrick Hunte

ExxonMobil Guyana Limited profit squeeze

News EditorJanuary 22, 2024January 24, 2024011 mins

A distinguishing feature of the Production Sharing Agreement (PSA) between ExxonMobil Guyana Limited (EMGL) and the Government of Guyana (GOG) is the contrived way in which total cost is specified in the business. In particular, the total cost (TC) is specified as: TC = 0.75TR = 0.75PQ, where TR is total revenue, P is the…

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Economic Analysis
  • Tarron Khemraj

Balances due from abroad and the foreign exchange “shortage”

News EditorSeptember 10, 2023September 13, 202302 mins

By Tarron Khemraj On September 10, 2023 On August 19, the Stabroek News reported that the government is willing to make necessary interventions in the foreign exchange (FX) market in order to enable the smooth access to hard currencies. In the same news report, Vice President Jagdeo noted that there is ample foreign exchange if one considers the…

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Foreign currency shortage - Chris Ram
  • Chris Ram

New PSA fails to fix source of foreign currency shortage

News EditorMarch 29, 2023July 2, 2023010 mins

Chartered Accountant, Christopher Ram has reiterated his position that the current foreign currency shortage is a fallout from the 2016 Production Sharing Agreement for the Stabroek Block and he said Guyanese should note that the much vaunted Model PSA has essentially retained the old foreign exchange framework, which is the source of the problem. Writing…

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Chris Ram's Articles
  • Chris Ram

The 2016 Petroleum Agreement and Foreign Currency – Part 2

News EditorMarch 25, 2023February 5, 2024012 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 106 – March 25, 2023 Introduction In Guyana’s fast changing news cycle, the issue of whether or not there is a shortage of foreign currency appears to have receded into the background. That of course does not mean that the temporary problem has…

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