GDP

Faceless growth is now stalking the land

News EditorSeptember 16, 2023September 27, 202305 mins

Guyana’s oil economy is now mirroring its lopsided oil contract. The world’s highest growing economy in 2022 is not spreading the fruits of growth evenly across Agriculture, Manufacturing, and Services. Indeed, the rich versus poor is mirrored by oil and non-oil economy – the high growth oil sector registering 90% growth in the value-added income…

Ability to service burden of debt relies almost exclusively on Guyana’s share of profit oil

News EditorAugust 10, 2023August 16, 202307 mins

A letter entitled “Notions that the level of borrowing is reckless are far-fetched” penned by Mr. Bhagwandin was published earlier this week in Stabroek News (August 8, 2023). The backdrop to this letter is as follows. The National Assembly approved, last week, a new debt ceiling to facilitate greater borrowing. Guyana’s domestic public debt ceiling…

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GPL will be paying up to US$50m to Qatari contractor for power ship that will sail off in two years

Government should take over Hess’ share

Gov’t’s proposed oil spill legislation is a pathetic betrayal of Guyana, taking precedence over Justice Kissoon’s decision to the satisfaction of Exxon

No other current issue of greater import I can think of other than Jagdeo’s attack on the country’s judiciary and the troubling silence emanating since

Oil Talk with OGGN Guyana Episode #25: Our oil keeps the world moving but we can’t keep our lights on