Daily Archives: 01/19/2023

GUYANA: ‘No money in budget to monitor & audit oil sector’ – Opposition Leader

Aubrey Norton

By Davina Bagot – Jan 19, 2023 – Kaieteur News – Opposition Leader, Aubrey Norton is stunned at the Government’s failure to appropriate funds in this year’s Budget to help the country improve its auditing and monitoring capabilities, as oil production activities continue to accelerate.

On Monday evening, following the Budget presentation by Minister with Responsibility for Finance Dr. Ashni Singh, Norton said he expected that this year’s fiscal plan would have made specific provisions to improve the country’s human resource capacity.

“I would have thought that in a Budget like this, the minister would have been speaking in terms of human resource development, that we have put resources there to improve our capacity to audit cost oil. We would have put resources there to be able to monitor what is happening offshore. There is none of that and therefore, you are not increasing our capacity to ensure we get what we deserve in terms of profit oil,” the Opposition Leader pointed out.        Continue reading

GUYANA: Georgetown – City Hall restoration climbs to over $1B with $263.2 M budgetary allocation

The restoration works ongoing at City Hall

This was outlined by Minister within the Office of the President with the Responsibility for Finance, Dr. Ashni Singh.   During the reading of the national budget on Monday, Dr. Singh outlined that the additional sums will be diverted to City Hall for the completion of the building.        Continue reading

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