Government Allocates $4.6 Billion for Sports Development
News Sports

Government Allocates $4.6 Billion for Sports Development

In a significant boost for the sports sector, the Guyanese government has allocated $4.6 billion for sports development in the 2024 budget, marking a substantial increase of $300 million compared to the previous year.

This allocation reflects the government’s commitment to revolutionizing the country’s sports infrastructure, with the aim of positioning Guyana as a sports-tourism hub.

During the budget presentation, it was outlined that the funds would be utilized for various sports facilities, including the construction of multi-purpose sports halls in Regions 1, 3, 7, 8, and 9.

Additionally, multi-purpose sports facilities are planned for Regions 2 and 10, contributing to the enhancement of sports amenities across the country.

The government is focused on major initiatives set to commence or continue in the current year.

Emphasis is placed on upgrading existing sporting facilities, ensuring that they meet international standards.

Furthermore, the completion of synthetic tracks in Regions 10 and 6 is included in the budget, highlighting the commitment to providing top-notch sports infrastructure in key regions.

The significant increase in the sports budget for 2024, totaling $4.6 billion, reflects the government’s recognition of the importance of sports in fostering national pride, promoting healthy lifestyles, and attracting sports tourism.

This investment aims to create a conducive environment for athletes, enhance sports facilities, and contribute to the overall development of sports in Guyana.

With these initiatives, the government envisions a positive impact on sports development, encouraging participation at various levels and fostering a culture of excellence in sports across the nation.

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