8 h. ago Measures announced by the President will do nothing to ease the pressure on the Guyana dollar

Dear Editor, I write with reference to the news that the government has injected US$1.2B in the foreign exchange market for the year thus far.  The article Measures announced by the President will do nothing to ease the pressure on the Guyana dollar appeared first on Stabroek News.

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8 h. ago Strengthen economic fundamentals to foster sustainable US dollar inflows

Dear Editor, I am writing in response to your recent article, “Gov’t tightening up on foreign exchange access.” While efforts to stabilize the economy are understandable, direct intervention in the foreign exchange market carries significant risks and raises important questions about intent. The article Strengthen economic fundamentals to foster sustainable US dollar inflows appeared first on Stabroek News.

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8 h. ago President’s measures to tame foreign currency demand won’t work – Ram, Campbell

President Irfaan Ali’s surprise announcements on Tuesday to curb the run on foreign currency is a recognition of the seriousness of the situation but the measures won’t work, according to analyst Christipher Ram and businessman Terrence Campbell. The article President’s measures to tame foreign currency demand won’t work – Ram, Campbell appeared first on Stabroek News.

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8 h. ago Direct and indirect spillover costs must be covered through taxation revenues

Dear Editor, I wish to add a rejoinder to the letter by Dr. Thomas B. Singh in SN 2025-10-02, ‘Fiscal expansion has pushed demand for US dollars far beyond what G$210 can bear’. The article Direct and indirect spillover costs must be covered through taxation revenues appeared first on Stabroek News.

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8 h. ago Foreign exchange restriction reflects poor management of our oil revenues

Dear Editor, You were gracious to publish my tongue-in-cheek letter yesterday but after reading R. Reagan’s excellent letter, also published in yesterday’s SN, I was reminded of the dire consequences of the new foreign exchange restrictions. The article Foreign exchange restriction reflects poor management of our oil revenues appeared first on Stabroek News.

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8 h. ago President’s zero interest National Development Bank to get US$200m seed funding

The zero interest National Development Bank announced by President Irfaan Ali during the election campaign which targets expansion and development of small- and medium-sized enterprises (SMEs) here will see US$200 million in seed funding for its launch and rollout in Budget 2026, the government yesterday announced. The article President’s zero interest National Development Bank to get US$200m seed funding appeared first on Stabroek News.

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8 h. ago Banks welcome tightening up to detect duplication of foreign currency requests

Commercial banks have welcomed new measures shared by President Irfaan Ali to address duplication of invoices and other practices they say have placed pressure on the foreign currency market. The article Banks welcome tightening up to detect duplication of foreign currency requests appeared first on Stabroek News.

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8 h. ago Persons travelling with less than US$10,000 will not be impacted by new reporting measures – Jagdeo

Persons travelling out of Guyana with less than US$10,000 will not be impacted by the new foreign exchange reporting measures and these will also not affect this country’s small businesses, Vice President Bharrat Jagdeo yesterday said. The article Persons travelling with less than US$10,000 will not be impacted by new reporting measures – Jagdeo appeared first on Stabroek News.

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10 h. ago President Ali announces plans for Guyana to market its own crude

(Kaieteur News) – Guyana will be working to develop its capability and capacity in crude oil trading, President Irfaan Ali told a roomful of private sector players on Thursday at the inaugural energy breakfast hosted by the Georgetown Chamber of Commerce and Industry (GCCI). “I will be working with the local private sector and international […] The post President Ali announces plans for Guyana to market its own crude appeared first on Kaieteur News.

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10 h. ago ‘Whatever Ali promised, he will deliver’ – Jagdeo hints at Christmas cash grant

(Kaieteur News) – Vice President Bharrat Jagdeo on Thursday hinted at a cash grant for Christmas, giving assurance that President Irfaan Ali will deliver on the promises made during the lead up to the 2025 general and regional elections. At his first press conference since the People’s Progressive Party (PPPC) was re-elected to office, Jagdeo […] The post ‘Whatever Ali promised, he will deliver’ – Jagdeo hints at Christmas cash grant appeared first on Kaieteur News.

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10 h. ago Govt. to reform Board of Guardians for easier access to public assistance

(Kaieteur News) – The Government of Guyana is moving to reform the Ministry of Human Services and Social Security’s Board of Guardians in an effort to make public assistance more accessible and equitable. Vice President Bharrat Jagdeo made this announcement during a press conference on Thursday held at the Arthur Chung Conference Center, where he […] The post Govt. to reform Board of Guardians for easier access to public assistance appeared first on Kaieteur News.

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10 h. ago Pres. Ali tells private sector: ‘Stop dreaming, start building new industries’

(Kaieteur News) – President Irfaan Ali has thrown down the gauntlet to the local private sector, challenging business leaders to move beyond the comfort of simply feeding off the booming oil and gas sector. He urged them instead to become the architects of entirely new industries that can sustain Guyana for generations. The Head of […] The post Pres. Ali tells private sector: ‘Stop dreaming, start building new industries’ appeared first on Kaieteur News.

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32 h. ago Foreign exchange directives will inhibit legitimate businesses through delayed transactions by commercial banks

Dear Editor, Thank you for allowing me space in your most valuable column and as a follow up to the previous ForEx issue I raised. The article Foreign exchange directives will inhibit legitimate businesses through delayed transactions by commercial banks appeared first on Stabroek News.

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32 h. ago Yearwood concerned GCC players being discriminated against by cricket board

-calls for trials to ensure merited selections Jonathan Yearwood, the President of the Georgetown Cricket Club (GCC) yesterday raised concerns that members of his club are being overlooked for selection  as a result of  a dispute between the GCC and the Guyana Cricket Board over land. The article Yearwood concerned GCC players being discriminated against by cricket board appeared first on Stabroek News.

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32 h. ago Fiscal expansion has pushed demand for US dollars far beyond what G$210 can bear

Dear Editor, The shortage of foreign exchange – US dollars – shows that something is “wrong” with the price. At G$210, demand exceeds supply. The article Fiscal expansion has pushed demand for US dollars far beyond what G$210 can bear appeared first on Stabroek News.

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32 h. ago Union president, minister’s relationship on acrimonious footing

Dear Editor,  It was somewhat disappointing that the union president instead of being conciliatory chose to be combative with the new Minister of Education (KN September 30). The article Union president, minister’s relationship on acrimonious footing appeared first on Stabroek News.

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32 h. ago Former England chief selector Smith takes over as MCC president

LONDON, (Reuters) – Former England chief selector Ed Smith has begun a 12-month term as MCC President and ex-England ODI captain Eoin Morgan has been appointed Chair of Cricket, the organisation said yesterday. The article Former England chief selector Smith takes over as MCC president appeared first on Stabroek News.

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34 h. ago ‘2% Can’t Work’: Former President Ramotar urges Caricom to urgently draft model oil contract for region

Kaieteur News – Guyana got ripped off when it signed the 2016 Production Sharing Agreement (PSA) with American oil major, ExxonMobil but this does not mean other Caribbean Community (CARICOM) member states should suffer the same fate. This is the view of former President Donald Ramotar. In an interview with Kaieteur News, the former Head […] The post ‘2% Can’t Work’: Former President Ramotar urges Caricom to urgently draft model oil contract for region appeared first on Kaieteur News.

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34 h. ago ‘Highway carnage continues’: but traffic chief says no need for safety unit

Kaieteur News – In light of the recent surge in fatal accidents along the rehabilitating Linden–Soesdyke Highway, Traffic Chief Mahendra Singh stressed that the police have already implemented all possible measures to maintain safety. He emphasised that ultimate responsibility lies with drivers and vehicle owners, who must exercise caution and diligence when using the roadway. His […] The post ‘Highway carnage continues’: but traffic chief says no need for safety unit appeared first on Kaieteur News.

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34 h. ago GFF–Blue Waters Shipping U15 Girls Championship Round of 16 Kicks Off October 4

Kaieteur Sports – The Guyana Football Federation (GFF), in partnership with Blue Waters Shipping and the Ministry of Education, is proud to announce the commencement of the Round of 16 stage of the GFF–Blue Waters Shipping U15 Girls Football Championship. The tournament was officially launched on Friday, September 26, 2025, at the New Campbellville Secondary […] The post GFF–Blue Waters Shipping U15 Girls Championship Round of 16 Kicks Off October 4 appeared first on Kaieteur News.

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