Latest update March 24th, 2025 7:05 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Thunderstorm knocks out financial system

Nov 25, 2010 News

Guyana has in recent weeks been ravaged by thunderstorms resulting in damage to structures and disrupting services and the Integrated Financial Management and Accounting System at the Ministry of Finance.
This was disclosed by head of the Presidential Secretariat Dr Roger Luncheon yesterday. He said that one such storm rendered the computerized system unserviceable.
According to Dr Luncheon this has caused a loss of connectivity with the various budget agencies.
He said that temporary measures have been put in place for processing but that the various budget agencies have to physically submit their records to the Ministry of Finance.
Dr Luncheon said that the central processing will be affected for not more than 48 hours.
IFMAS is responsible for ledgers and electronic budgeting and is expected to reduce the use of cash as well as processing time, enhance advance planning and increase accountability of public officers for transactions.

Similar Articles

The Glenn Lall Show|| March, 17th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Waramuri stuns Vreed-en-Hoop 7-1, as Bush Lot topple Ann’s Grove

Waramuri stuns Vreed-en-Hoop 7-1, as Bush Lot topple Ann’s Grove

Mar 24, 2025

-Milo/Massy U18 Football C/ship Round II Kaieteur Sports- The Petra Organisation wrapped up the second round of the 2025 Milo/Massy Under-18 Boys’ Football Championship yesterday at the Ministry of...
Read More
NSC, Office of the DPP host meeting on Criminal Law and Sexual Offences Act

NSC, Office of the DPP host meeting on Criminal...

Mar 24, 2025

Hetmyer’s Blazing Knock in Vain as Sunrisers Sink Royals in Run-Fest

Hetmyer’s Blazing Knock in Vain as...

Mar 24, 2025

GOA and Paraguayan Olympic Committee sign historic Memorandum of Understanding

GOA and Paraguayan Olympic Committee sign...

Mar 24, 2025

Archery Guyana commends Chung’s outstanding performance

Archery Guyana commends Chung’s outstanding...

Mar 24, 2025

Reliance Hustlers delighted for Youth Programme support from First Lady

Reliance Hustlers delighted for Youth Programme...

Mar 23, 2025

Features/Columnists

  • Development for whom?

    Peeping Tom… Kaieteur News- The Vice President of Guyana, Bharrat Jagdeo, has declared with great confidence that there... more

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]