Foreign exchange shortage

Is the oil sector contributing to national development proportionate to its size?

News EditorSeptember 30, 2023October 10, 202317 mins

Articles by Dr. Tarron Khemraj appearing on his business page in SN 2023/09/24 and SN 2023/09/10 require some comments, since the use of ‘Balances from Abroad’ imply that Commercial Banks have readily available sources of foreign exchange that are liquid balances and can be deployed to make good any foreign exchange ‘shortage’ affecting the Private…

New PSA fails to fix source of foreign currency shortage

News EditorMarch 29, 2023July 2, 2023010 mins

Chartered Accountant, Christopher Ram has reiterated his position that the current foreign currency shortage is a fallout from the 2016 Production Sharing Agreement for the Stabroek Block and he said Guyanese should note that the much vaunted Model PSA has essentially retained the old foreign exchange framework, which is the source of the problem. Writing…

What is EPA’s evacuation plan and/or advice when citizens suffer from hazardous effects of chemicals of unknown origins?

Renegotiations, referendums and reality – response to Ram & McRae’s Survey

Dominic Gaskin has joined with the consortium against Guyana

Is Exxon implying that its engineering skills permits its deep-water oil extraction at speeds in excess of the safe working limits?

DPI did not issue a correction of the erroneous mention of 18,000 Guyanese on oil rigs

Survey shows overwhelming support for renegotiation of Petroleum Agreement

Is the oil sector contributing to national development proportionate to its size?