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Finance Minister Meets Mubadala – UAE Sovereign Investment Vehicle – as Guyana’s participation in Dubai World Expo Continues

Georgetown, Ministry of Finance, October 20, 2021: Senior Finance Minister Dr. Ashni Singh and a group of Guyanese private sector representatives met earlier today with Mubadala, the sovereign wealth investment company within the United Arab Emirates. The Mubadala delegation was led by Mr. Musabbeh Al Kaabi, Chief Executive Officer of UAE Investments. The meeting took […]

Government Announces Further Cut in Excise Tax on Fuel – Prices at Pump expected to reduce

Georgetown, Ministry of Finance, October 6, 2021: Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, today announced that Government will be further reducing the excise tax on gasoline and diesel to ease the domestic impact of the continuous rise in the world market price for fuel. It could […]

Guyana’s economy grew by 14.5 percent in first half of 2021, non-oil economy by 4.8 percent, despite COVID-19 and May/June Floods

2021 Mid-Year Report reveals Georgetown, Ministry of Finance, October 5, 2021: The Ministry of Finance’s Mid-Year Report for 2021 has indicated that Guyana recorded real Gross Domestic Product (GDP) growth of 14.5 percent while non-oil GDP grew by 4.8 percent, despite the challenges of the COVID-19 pandemic and even the devastating floods experienced in May-June. […]

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