AGP Executive Report
Last update: 9 hours agoElectricity Crisis: President Irfaan Ali admits Guyana can’t promise zero future outages, but calls the current blackout level “unacceptable,” citing InterEnergy findings that peak demand on the Demerara-Berbice system jumped from 205MW (2024) to 242.6MW (Aug 2026) and warning of a lack of “spinning reserve” in some areas; he says a major grid overhaul needs smart metering, more generation, and transmission/distribution upgrades. Cost of Living & Growth: Ali says the economy grew 33.3% in the first half of 2026 (non-oil 10.1%) and revises full-year real GDP growth to 20.8%, while another report questions whether shoppers are truly seeing relief despite claims of lower farm-gate prices. Oil Revenue & Governance: Ali tells Al Jazeera oil revenue is handled through the Natural Resource Fund with parliamentary approval and Auditor General audits, and says production sharing terms were restructured to avoid repeating the 2016 Exxon deal. Deportation Politics: Ali insists Guyana retains final vetting control under the US migration cooperation framework, rejecting claims it’s a precedent for “dumping” people. MV Barima Legal Fight: Defence counsel seeks a stay of murder proceedings, arguing the case should be handled under marine casualty investigation rules. Development Finance: The Guyana Development Bank is set to launch Oct 5 with US$100M capital and affordable loans for priority sectors. Sports (Local Interest): Barbados Tridents beat Guyana Amazon Warriors by six wickets in CPL, while Denesh Ramdin is named captain of the West Indies Over-40s squad for the IMC World Cup in Guyana.
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