Latest: services

Budget Highlights 2016 - Our Indigenous Peoples & Hinterland Development
12 Feb

Budget Highlights 2016 - Our Indigenous Peoples & Hinterland Development

$4B to support the Plan of Action for Hinterland Development. $280M to promote economic prosperity, tourism development and preservation of the indigenous cultural identity. 211 Indigenous communities to benefit from grants to build village economies and fund eco-tourism projects, support women’s groups, and construct community centres. New dormitory to be built at Liliendaal for...
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Budget 2016 Highlights 2
01 Feb

Budget 2016 Highlights 2

The services sector expanded by 2.3 percent.  Improved deficit of the balance of payments Monetary aggregates of reserve grew by 9.7 percent Net domestic credit of the banking system grew by 19.4 percent to $185 billion. Loans and advances to the private sector grew by 6.2 percent. The exchange rate remained stable at G$206.5 per US$1. Total revenue collected was $161.7 billion, 1%...
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Economy will bounce back from 2.5% decline – Finance Ministry in mid-year report
18 Oct

Economy will bounce back from 2.5% decline – Finance Ministry in mid-year report

THE local economy declined by 2.5 percent during the first half of 2015 compared to the same period in 2014, according to mid-year report released by the Ministry of Finance. The decline the report said was a result of the delay in the presentation and passage of the national budget. “The proroguing of Parliament in late 2014, the uncertainty that usually surrounds the electoral period and...
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Procurement system broken, fosters unfair environment – Finance Minister
15 Aug

Procurement system broken, fosters unfair environment – Finance Minister

– IDB-funded programme to be implemented as part of reform process By Kiana Wilburg  A rigourous review of government’s current process of tendering and procurement, has led Finance Minister Winston Jordan to the firm conclusion that the system is “broken” and as a result, fostered an environment of unfairness and inequality, among other ills. He expressed this...
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