Daily Archive: Friday, July 14, 2023

Articles published on Friday, July 14, 2023

Gobind Ganga

World Bank reclassifies Guyana as ‘high income’ country

Guyana has moved up in the World Bank country classification index according to gross national income (GNI) and is now regarded as a high-income country, a change from being middle income and one that would see scaled down access to concessional loans and higher interest rates for borrowing from international development organisations.

Taking Guyana’s small business community places

Interview  with GCCI President Kester Hutson GCCI President Kester Hutson speaks with the Stabroek Business Stabroek Business: Does this event this early in your presidency provide an indication that the GCCI will now be paying more attention to the promotion of small businesses, going forward?

Catherina Young owner of Cathys treats

Catherina Younge’s sweet-toothed pursuits

In the continually unfolding environment of local entrepreneurship where modest ‘hopefuls,’ no less than the more ambitious ones, seek earnestly to ‘cash in’ on the winds of change that appears to have drifted Guyana’s way on promises of an economic transformation driven by our protracted, now realized oil and gas ‘dream,’ Guyanese women are sending unmistakable signals that they are determined not to be left behind. 

Lead players

Regional food security: Pressure and polemic

Up to this time it appears to be the case that Caribbean Community (CARICOM) member countries are making ‘heavy weather’ of trying to navigate their way out of the choppy waters’ of food insecurity communicated to the region by the World Bank/ Food and Agricultural Organisation (FAO) as far back as 2021 and at least twice thereafter, the two latter warnings coming over the past two years.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1027’s trading results showed consideration of $1,863,115 from 2,903 shares traded in 13 transactions as compared to session 1026’s trading results, which showed consideration of $88,321,064 from 317,043 shares traded in 72 transactions.

The World Bank reflects our ambition

By Ajay Banga WASHINGTON, DC – World leaders are all too familiar with the global community’s challenges – loss of progress in our fight against poverty, an existential climate crisis, a fledgling pandemic recovery, and a crippling war on the borders of Europe.

No excuse for absence of regular updates on Food Security Terminal

For all the measures put in place by the Caribbean Community (CARICOM) to roll back the tide of food insecurity following the United Nations World Food Programme’s (WFP) revelation late last year that 4.1 million people (or 57 percent of the region’s population) were facing food insecurity, concerns persist that the region is still some distance from being out of the woods on the issue.

Time management

Buried in a presidential address lasting all of 78 minutes on Wednesday was the nugget that the Public Service Commission would be set up before the end of the week.