AGP Executive Report
Last update: 10 hours agoTransport Fare Clash: Public Works Minister Juan Edghill says no fare increases were approved and warns operators against price gouging or forcing passengers off vehicles over unapproved rates, after reports of stranded commuters at Parika and Bartica. Fuel Cost Politics: President Irfaan Ali and Finance Minister Ashni Singh argue government has absorbed billions via excise tax removal and subsidies, but private players must pass savings to consumers as global oil shocks bite. Power Disruption: GPL is investigating an excavator strike that damaged a key transmission line, triggering a major outage, and is seeking about $8.06M in damages from the contractor. Digital Payments Push: Ali announced “FASTA” real-time payments with UPI integration set for June 2, alongside new international bank participation. Labour Probe Escalates: Ekaa HRIM quarry denies allegations of exploitation of Indian workers as the Labour Ministry and partners continue investigations after passport seizures and a 24-hour response demand. Energy/Industry Deals: Vallourec won additional ExxonMobil Guyana line pipe orders for Stabroek deepwater projects, while Guyana’s Wales Gas-to-Energy work faces renewed scrutiny over extra soil stabilisation payments.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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