Tag Archives: (GRA)

GUYANA – Latest News – 27 August 2015

 GUYANA – Latest News – 27 August 2015

  • GRA denies Customs Officers’ involvement in gold smuggling; vows crackdown on smugglers – Demerara Waves http://bit.ly/1NKwkR4
  • PPP leaves government to own devices over budgetary “deceit” – Demerara Waveshttp://bit.ly/1hISAPl
  • Caribbean fishing industry ends meeting on upgrading food safety systems – Demerara Waves http://bit.ly/1JzMEhf
  • UWI plants first legal marijuana plant for medical research – Demerara Waveshttp://bit.ly/1fJ9DPg

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Tax chief worries about $5000 note being counterfeited

Tax chief worries about $5000 note being counterfeited

NOVEMBER 21, 2013 | BY  | By Kiana Wilburg
GRA's Khurshid Sattaur

GRA’s Khurshid Sattaur

While the Commissioner General of the Guyana Revenue Authority (GRA), Khurshid Sattaur, fully supports the recently launched $5000 note, he expressed some concern over the possibility of the new denomination being forged.

Mr. Sattaur said that when the note goes into circulation on December 9, it will make their processing system a bit lighter and easier especially as it relates to the amount of money they have to count and take to the bank.

The Commissioner General added that the new denomination will only serve to improve Guyana’s economy and will certainly assist the Bank of Guyana in responding to the increase in the number of transactions being done as Guyana prepares to welcome the Christmas season.    Continue reading

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