AGP Executive Report
Last update: 10 hours agoReal-Time Banking Push: President Irfaan Ali says Guyana’s new real-time payment system FASTA is set for launch June 2, 2026, letting customers send and receive money instantly via mobile and internet banking, and he also flagged Guyana’s integration into India’s UPI network. Cash Grant Without Bank Accounts: Agriculture Minister Zulfikar Mustapha reassured rice farmers that the 2026 cash grant won’t exclude people without bank accounts—payments will be issued by cheque after registration and verification. Oil Wealth Meets Cost Pressure: A fresh report highlights everyday strain, with vendors reportedly offering small food items on credit as inflation bites, even as the Natural Resource Fund and oil inflows grow. US Turns to Bauxite: The U.S. says it’s focusing on Guyana’s bauxite and resources, with talks led by Under Secretary Jacob Helberg. Independence Culture & Unity: The Guyana Festival opened at the National Stadium under the theme “Song, Soul, and Taste,” with Ali urging youth to reject division.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
Perspectify News
