Despite writing-off in excess of half a billion dollars in bad or non-performing loans, compounded by an 18 percent increase in its overhead operating cost, up to $1.2B, Citizens Bank, has still managed to increase its after-tax profits by as much as 22 percent, to in excess of $1B.
The President is pointing the finger in the wrong direction kaieteurnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kaieteurnewsonline.com Daily Mail and Mail on Sunday newspapers.
Our supporters and Guyanese in general at home and abroad need to hear from us in simple language. They want us to be very clear and direct with the narrative we give to them. But most importantly their greater concern is to see a united PNCR after party elections are held next month.
A few years ago, Guyana came onto the international scene as one of the fastest-growing economies in the developing world due to its oil and petroleum discovery. As a result, the country is making investments in infrastructure, healthcare, and education. A few months ago also, the President of Brazil visited Guyana and expressed hope that the government would effectively balance investments in these sectors with improvements in the quality of life for its citizens. This statement came at a time when teachers had been and continue to be on a countrywide strike demanding higher salaries.
The Private Sector Commission (PSC) held its 32nd Annual General Meeting (AGM) on Wednesday, May 24, 2024, at the Marriott Hotel, Georgetown, Guyana. As