Local News

US$ rate is $230 -manufacturers

-urge gov’t, central bank to intervene in market

With complaints from businessmen mounting, the Guyana Manufacturing and Services Association (GMSA) yesterday said that the effective rate for the US$ is now $230 and warning that this would have severe repercussions for the economy it called on the government and the central bank to intervene in the market.

Guyana to apply mid-year to join transparency group EITI

Long in the works, Guyana is aiming for a mid-year submission of its application for membership to the European Union’s watchdog, Extractive Industries Transparency Initiative (EITI) The Guyana Extractive Industry Transparency Initiative (G-EITI) Multi Stakeholder Group (MSG), which was launched last month, is working on submitting the application by June/July.

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