AGP Executive Report
Last update: 6 hours agoOil-led growth, diversification push: President Irfaan Ali tells Al Jazeera Guyana must use the boom to build housing, education, health and other non-oil sectors—so the country isn’t “only dependent on oil.” Electricity overhaul admitted: Ali concedes GPL can’t promise zero interruptions, but says the current blackouts are “unacceptable” as demand rises (205MW in 2024 to 242.6MW in Aug 2026) and InterEnergy’s recommendations are meant to fix the grid. Cost-of-living debate: Government says some locally produced food prices are falling, but shoppers’ actual bills vary by market and vendor, keeping pressure on households. US deportees row: Ali insists Guyana retains full discretion under the US-IOM migration framework, with local vetting before acceptance, rejecting claims Guyana is a “dumping ground.” Essequibo ICJ watch: Ali says Guyana is prepared for any fallout from the ICJ ruling expected early 2027 and remains confident in international law. MV Barima legal fight: Defence seeks a stay of murder proceedings, arguing marine casualty rules should apply first; magistrate set timelines for submissions and a decision. Development bank launch: Guyana Development Bank to go live Oct 5 with US$100M capital and affordable loans for key sectors. Sports (CPL): Barbados Tridents beat Guyana Amazon Warriors by six wickets, handing Warriors a rare collapse to 99.
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