Out of an allocation of $1.802B for sea and river defence, the Ministry of Public Works’ Sea and River Defence Division expended a total of $1.502B; $1.3B on capital programmes and $202.83M on maintenance. This is according to information provided by Coordinator, Work Services Group (WSG,) Geoffrey Vaughn, at the recent Ministry of Public Works’ press briefing on the sector’s 2014 performance.
January 19, 2015
Guyana’s fuel prices are set to drop with government’s move to cater for the dramatic drop in the world prices for crude oil. Finance Minister Dr. Ashni Singh announced that with effect from midnight, on January 20, fuel prices at GuyOil will be $695 per gallon for gasoline compared to $995 previously, a 30% reduction. Diesel will be $694 per gallon compared to $985 previously, a 30% reduction as well, and Kerosene will be sold at $496 per gallon as compared to $850 a gallon currently, a 42% reduction.