What are the latest news in Guyana?
- National Oil Company and Domestic Refinery Plans: President Irfaan Ali clarified plans for a proposed national oil company centered on establishing a domestic refinery. The initiative is aimed at lowering fuel prices, securing domestic energy supply, and expanding national fuel storage capacity (targeting between 30 and 120 days of reserves) to shield the economy from international price shocks. -Caribbean National Weekly——–
- Economic Growth and Fiscal Outlook: A recent Inter-American Development Bank (IDB) assessment highlighted Guyana’s sustained economic expansion, driven by both ongoing offshore oil production and double-digit growth across the non-oil economy.- guyanachronicle.com———
- Guyana–Suriname Ferry Resumption: Operations of the MV Canawaima ferry across the Corentyne River have resumed following safety and technical inspections cleared by maritime authorities, prioritizing stranded cross-border passengers. -Demerara Waves——–
- Public Sector Modernization: The government announced a transition to a mandatory online appointment system for passport applications starting October 1, aiming to streamline processing and end in-person queues at the central passport office.- guyanatimesgy.com———
- Infrastructure and Energy Projects: Works have commenced on installing a new 69 kV submarine cable to reinforce the national power grid, alongside ongoing municipal relocation and housing regularization programs. -guyanachronicle.com——–