According to the Bank of Guyana, which monitors the growth and slump of the economy, it was found that the country’s merchandise trade deficit contracted by 24.3 percent or US$75.9 million to US$236.8 ..
Guyana’s sweet concession packages can be accessed by both foreign and domestic companies. These incentive packages for investments opportunities are divided into several sectors designed to suit the unique ..
GROSS DOMESTIC PRODUCT (GDP) IS ONE OF THE MOST IMPORTANT NUMBERS IN ECONOMICS. BUT CAN THIS NUMBER BE TRUSTED TO PROVIDE A TRANSPARENT AND ACCURATE MEASURE OF AN ECONOMY’S WELL BEING AND ITS TRUE GROWTH? ..
Based on the statistics, Guyana’s Energy Agency (GEA) seems to be performing exceptionally well. In fact, a total of 5,001,497 barrels of petroleum-based products was imported in 2015, representing about ..
In the early 70s, Guyana’s market economy was quashed by a social experiment, which the government of that period had implemented. Consumers were no longer the focus; importation on many goods was banned; ..
The performance of the drivers of any economy illustrates the “big-picture” of a country’s wellbeing. In fact, a single indicator or a small set of indicators attempts to give you an idea of the overall ..
Christmas is typically a peak selling season for all forms of businesses in Guyana. Be it for the street vendors, small, medium or large scale businesses, sales increase dramatically as people purchase ..