(Kaieteur News) – Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, on Monday encouraged investors to come to Guyana, assuring them of a predictable fiscal regime that is fair, efficient, and equitable.

Delivering the feature address at the Caribbean Organisation of Tax Administrators’ (COTA) 27th General Assembly and Technical Conference in Georgetown, Dr. Singh said there has been remarkable progress in the modernisation of tax administration across the region. He noted that advances in big data, machine learning, and data analytics have opened new opportunities for tax authorities, allowing declarations, prices, volumes, and declared values to be processed with a speed that presents almost limitless possibilities — a transformative impact he said few other areas of public administration can match.

“The subject matters that you’ve chosen to address, I believe, are very timely,” Dr. Singh said. “I want to urge that we take advantage of the opportunity to get ourselves acquainted with cutting-edge thought on how information technology, and artificial intelligence in particular, can be used to transform tax administrations — not only in Guyana, but across the region.”