Guyana’s economy expanded by an estimated 33.3 percent in the first half of 2026, while the non-oil economy grew by 10.1 percent. President Dr. Irfaan Ali says the figures demonstrate continued strength and diversification across the economy.

He also announced that the country’s full-year real GDP growth forecast has now been revised to 20.8 percent, with non-oil growth projected at 10.2 percent.

The President also pointed to significant changes in consumer spending, particularly the increased use of

Guyana’s oil and gas sector continues to drive rapid economic growth, but President Irfaan Ali says the country must use this period of expansion to build an economy that is not dependent on petroleum.

Speaking to Al Jazeera, President Ali pointed to the significant growth Guyana has recorded since becoming an oil-producing nation, while stressing that investments must now be directed into other areas of the economy.

"It's important during this phase of economic expansion and tra

Construction of Guyana Power and Light’s new 69kV distribution substation at Chateau Margot is now 60 percent complete, bringing East Coast Demerara residents closer to a more stable electricity supply.

Once operational, the upgraded facility will deliver improved grid reliability for households and businesses from Ogle to Triumph.

GPL’s Team Leader, Kesh Nandlall, explained that ongoing work includes pile driving and foundation construction, with Power China responsible for proje

Government is accelerating efforts to make public services more accessible through digital platforms and service centres outside of Georgetown.

The 2026 Mid-Year Report shows progress in both the digitisation and decentralisation of government services, with dozens now available online and integrated service centres across the country.

The Mid-Year Report says 79 public services are now available online, with seven more expected to be digitalised before the end

Guyana’s labour force grew between 2020 and 2025, while unemployment fell sharply, as the country’s rapidly expanding economy brought more people into work.

The labour force is up 47.8 per cent from the first quarter of 2020, according to figures from the Bureau of Statistics published in the government’s 2026 Mid-Year Report.

Over the same period, the unemployment rate fell to 6.2 per cent from 12.8 per cent, while the labour force participation rate increased to 59.2 per cent fr

President Dr. Irfaan Ali says he understands the frustration of Guyanese dealing with electricity outages, acknowledging that some disruptions are unacceptable.

The President says major investments are underway to strengthen the electricity system and provide the more reliable service consumers expect.

For households dealing with interrupted power and businesses facing disruptions to their operations, the reliability of electricity remains a ma