AGP Executive Report
Last update: 9 hours agoOil & Taxes: Stabroek Block partners ExxonMobil, Hess and CNOOC allegedly left Guyana with about US$2.4B in unpaid 2025 taxes, a figure that rivals the country’s oil earnings for the year—raising fresh questions about how petroleum wealth is captured. Budget & Gender Equity: A feminist budget analysis says the GY$1.588T 2026 national budget is largely gender-neutral and doesn’t tackle structural inequality fast enough as oil-driven spending ramps up. Court Ruling: The High Court ordered VP Bharrat Jagdeo to pay about $17M in damages and costs in the Charles Ceres defamation case. Water Infrastructure: GWI will spend about $251M to drill new wells at Houston and Garden of Eden. Housing Enforcement: The Housing Ministry says it has engaged INTERPOL, the FBI and CARICOM IMPACS to pursue contractor Omar Malik/DreamVu Homes over unfinished Young Professional Homes. Agriculture & Trade: Brazil is showing interest in Guyana’s fertiliser plant plans, pointing to deeper agri-trade links. Local Industry/Offshore: SBM Offshore and ExxonMobil-backed work marks a local content milestone with Guyanese fabrication for an FPSO WIRD project. Tourism: Guyana recorded 40,149 visitor arrivals in May, up 20.6% year-on-year. EV Standards (CARICOM): CARICOM moves to harmonise EV charging standards, focusing on interoperability and safety requirements. Finance Crime: SOCU secured convictions in a Ponzi scheme case, sentencing the operators to jail and fines.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.