Daily Archives: 01/06/2023

CANADA: Aerial Views of Toronto, Ontario, Canada – video

CANADA: Aerial Views of Toronto, Ontario, Canada – video

Comments:: https://www.youtube.com/watch?v=Wq_IygQCtm8

GUYANA: Grasps at Prospect for Progress in the New Year – by Ralph Ramkarran

Ralph Ramkarran

Predictions of significant economic growth in Guyana due to the developing petroleum industry are being realized. Guyana’s Gross Domestic Product (GDP) in 2021 was US$8.04 B., representing a 20 percent growth rate. GDP reached the US$4 B mark in 2012 and increased to US$5 B in 2019. From US$8.04B in 2021 the GDP is projected to grow in 2022 by 56 percent which will take its projected GDP to US$12+ B. Its per capita income grew from US$9,000+ to US$10,000+.

Increased spending projections for 2022 reflected the increased GDP for 2021. For example, spending by the Ministry of Works is due to increase from G$40 B in 2021 to G$96 B in 2022. It is due to increase from G$39 B to G$57 B for the Ministry of Health, G$25 B to G$33 B for the Ministry of Education and G$19 B to G$29 B for the Ministry of Agriculture. Total budget projects for 2022 are expected to be G$553 B.                Continue reading

%d bloggers like this: