Minister of State Joseph Harmon announced Thursday that the US$18 million signing bonus from ExxonMobil would be placed into the Consolidated Fund. The details in this report from Royden James.
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President David Granger on Friday once again added his voice to the issue of the EXXON Mobil signing bonus; this time on whether he feels the money should be transferred to the consolidated fund. Royden James is on this story.
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Former Finance Minister Winston Jordan is proffering that the G$41.7 billion, which was recently transferred from the National Resource Fund to the Consolidated Fund to finance national development priorities, is to compensate for the recent alarming inflation rate projected by the Bank of Guyana for this year. Antonio Dey has…
