Restoration drive responsible for city’s delay in remitting NIS, GRA payments – Treasurer

City Treasurer Ron McCalmon (right) at yesterday’s press briefing. With him is the City Council’s Public Relations Officer Debra Lewis.

The Mayor and City Council’s “intensified” two-year-campaign to “sustainably restore and develop” the city is what has resulted in the delay of payments to the National Insurance Scheme (NIS), the Guyana Revenue Authority (GRA) and the public service credit union, according to City Hall.

In a statement issued yesterday, the Council explained that these projects, which included upgrades to green spaces and the development of recreational facilities, were conducted on a limited budget.

Nevertheless, it added that a plan has reportedly been worked out between the Council and NIS for the payment of the amounts owed, but meetings are still to be held with GRA and the Guyana Public Service Credit Union to discuss the way forward on those matters…..


Greenidge to head delegation to CARICOM summit

President David Granger will not be attending the Twenty-Ninth Inter-sessional Meeting of The Conference of Heads of Government of the Caribbean Community (CARICOM) in Haiti beginning on Monday.

Dozens lose homes in Plaisance mystery fire

Mashramani celebrations ground to halt for several families yesterday afternoon, when approximately 30 persons lost their homes after a fire of unknown origin ripped through three Victoria Road, Plaisance properties, including an apartment building.

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US$3M settlement for outstanding GTT shares payment not finalised

Minister of State Joseph Harmon says that the US$3 million settlement offer made by Hong Kong Golden Telecom Limited (HKGT) on the outstanding balance for its purchase of government shares in the Guyana Telephone and Telegraph Company (GTT) is being actively considered, but the government’s goal is to recover the entire US$5 million that is owed.

Jagdeo questions planned borrowing for sugar estates, revised targets

Opposition Leader Bharrat Jagdeo on Thursday criticised government and Minister of Finance Winston Jordan on the heels of the announced plan to borrow cash from local banks to reopen two sugar estates and to fund critical current and capital Guyana Sugar Corporation (GuySuCo) programmes.

Private sector welcomes new wave of oil job opportunities as boon for local content

The private sector is upbeat about the nearly three dozen-odd opportunities recently advertised in the oil and gas sector as it goes some way towards meeting local content needs, according to Private Sector Commission (PSC) Chairman Eddie Boyer.

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