Latest update March 13th, 2026 12:35 AM
Go-Invest CEO Peter Ramsaroop being paid $1.9M monthly
(Kaieteur News) – An awkward exchange unfolded in the Committee of Supply on Monday when Minister of Parliamentary Affairs and Governance, Gail Teixeira, appeared reluctant to disclose the salary and benefits paid to Guyana Office for Investment (GO-Invest) Chief Executive Officer Peter Ramsaroop, only doing so after noting that time had “run out.”
CEO of GO-Invest and MP, Peter Ramsaroop
Responding to a question from APNU Member of Parliament, Ganesh Mahipaul in the Committee of Supply Teixeira first protested: “Mr. chairman haven’t our time run out. I’m not the time keeper but I am advised that the time has ran out.” Shye then proceeded to list Ramsaroop’s compensation package. For his role as the CEO at the investment office, he is paid a basic salary of $1.9M. Teixeira continued, “Gratuity you know for the year is two times- $5.223M, vacation is $1.901M and travelling and other allowances is $117,000.”
MPs in the house could be heard expressing surprise, as Ramsaroop, who is also an MP clad in his green suit smiled during their remarks. The salary of public officials was a key area of concern for Opposition parliamentarians yesterday as the Committee of Supply met to consider the national estimates for the 2026 Budget, set at $1.558 trillion.
Discover more from Kaieteur News
Subscribe to get the latest posts sent to your email.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Sir. Ronald Sanders
The GHK Lall Column
Weekend Cartoon
