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WiredJa Online News

Wiredja Online News Logo

WiredJa Online News

Guyana Gov't pays neglected Petro Caribe bills

As revelations about the former administration's mismanagement of the PetroCaribe Fund continue to be made, Finance Minister, Winston Jordan, on Monday disclosed that having driven the Fund to a point of near depletion, the former administration pressured the Guyana Energy Agency (GEA) pay Venezuela amounts it was due to ensure timely cash payments to rice farmers.

Guyana Gov't says Amaila Falls Hydropower too expensive

The Government of Guyana says it will not be proceeding with the construction of the US$1 billion Amaila Falls Hydropower Station as doing so would would be “downright criminal.” In addition, IDB experts have also found that the cost of Amaila Hydropower would be too high.
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