|The image of GRA is a work in progress|
...It is no secret that the Authority was and is still deeply embedded in a culture of corruption, where allegations of bribery and favoritism are synonymous withthe acronym ‘GRA’. Mr. Statia made his position clear from “day 1” and he personally communicated this to the entire Agency.
Effective September 1, 2017, the following shall be the rates of exchange for the purpose of the provision to Section 22(1) (a) of the Customs Act, Chapter 82:01:-
|COUNTRY||CURRENCY UNIT||GUYANA DOLLAR|
|United Kingdom||Pounds Sterling||266.83|
|United States of America||Dollars||206.50|
|United Arab Emirates (UAE)||Dirham||56.22|
The notification under Section 22 (2)(c) of the Customs Act, Chapter 82:01 last published by the Commissioner-General, Guyana Revenue Authority in the Official Gazette is hereby superseded.
The above rates of exchange are published solely for the purpose of Customs collection and may not correspond with the rates of exchange, which the Commercial Banks employ in the course of their business.
Mr. Godfrey Statia
Commissioner - General