AGP Executive Report
Last update: 11 hours agoPower & Energy: PM Mark Phillips says Guyana’s grid will be “fundamentally different” by 2030—more diversified, digital, and ready for renewables—while the Gas-to-Energy push faces pressure as govt reportedly seeks a third powership to cover demand. Foreign Exchange: Government says foreign currency supply rose to US$3.115B in H1 2026, but banks still report over US$200M in unmet demand, leaving a key question unanswered. Oil & Contracts: Ali says talks with experts continue on financing future Stabroek Block projects after Exxon recouped costs; commentary also challenges the “bad deal but sanctity of contract” stance. Mining Enforcement: GGMC seized two dredges and gold in a Puruni illegal mining crackdown, with suspects escorted for investigations. Trade & Investment: Guyana-China ties keep expanding—exports to China hit US$501M in 2025 and two-way trade reached about US$1.8B—while Chinese firms’ investment is put at US$13B. Development Finance: Govt is building a mobile app for the Guyana Development Bank, with operations set to begin Oct 5. Business & Consumer: Banks DIH’s Banko “Uncap the Cash” promotion runs until Sept 30, offering cash prizes instantly. International Spotlight: Guyana marks 60 years at the UN, reaffirming multilateralism and the UN Charter.
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