Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Winston Jordan
Winston Jordan

Changes to VAT needed to bolster revenue base, curb evasion -Jordan

Changes proposed for the Value-Added Tax (VAT) system are necessary to strengthen a revenue source which had been weakened by the excessive granting of tax exemptions, waivers and concessions under the former People’s Progressive Party Civic (PPP/C) government, Minister of Finance Winston Jordan said yesterday.

Sugar still comatose despite $23B gov’t injection, PM tells House

Having inherited a sugar industry shackled on a “death bed” by $85 billion in debt, a bailout became necessary to keep sugar workers employed despite the strain on other sectors and the treasury, Prime Minister Moses Nagamootoo said yesterday, as he rubbished claims by the opposition PPP/C that government was ‘killing sugar.’

Speaker postpones decision on Sussex St bond row

Speaker Barton Scotland’s expected pronouncement on the drug bond controversy that erupted on Thursday night in the National Assembly was deferred yesterday after opposition members failed to return to the parliamentary chambers.

Security sector worse off – Rohee

Declaring that the security sector is “worse off,” PPP/C MP Clement Rohee yesterday called on Minister of Public Security Khemraj Ramjattan to say whether he is losing the war on crime.

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