The budget debates for the fiscal year 2024 have commenced in Guyana’s National Assembly, one week after the government presented the country’s largest national budget, amounting to $1.146 trillion. The debates provide an opportunity for both government and opposition representatives to express their views on the budget’s content and allocations. Opposition Parliamentarian Roysdale Forde opened […]
President Dr. Irfaan Ali has revealed plans to expand and continue the part-time job initiative in the upcoming year, citing its positive impact on wealth creation and poverty alleviation. Despite facing some criticism, the initiative, introduced last year, has proven to be a significant contributor to the workforce, particularly benefiting around 15,000 Guyanese, predominantly women […]
President Dr. Irfaan Ali has expressed confidence that the 1.1 trillion-dollar budget for the fiscal year effectively addresses the challenges facing Guyanese. In a recent announcement, the Head of State outlined key measures aimed at improving the standard of living for citizens. President Ali emphasized that the measures outlined in the budget, both cost and […]
As part of its commitment to bridging the infrastructural and economic gap between hinterland and urban communities, the Guyanese government has allocated nine billion dollars for Amerindian development programs in the 2024 budget. Finance Minister Dr. Ashni Singh highlighted this initiative during the budget presentation at the Arthur Chung Conference Centre. A significant portion of […]
In a significant move to promote eye health, President Dr. Irfaan Ali announced a pioneering initiative during the budget presentation in the National Assembly. The government will provide vouchers worth $3,000 each for eye examinations, benefiting over 205,000 school children and 76,000 pensioners across all administrative regions. President Ali revealed that the initiative involved collaborating […]
In a significant move aimed at lowering electricity costs and meeting the country’s growing energy needs, Guyana’s Budget 2024 allocates a substantial $80 billion for the advancement of the Wales Gas-to-Energy project. Finance Minister Dr. Ashni Singh emphasizes the transformative nature of this project, asserting its place as the single most impactful initiative in Guyana’s […]
Finance Minister Dr. Ashni Singh presented the historic Budget 2024, totaling $1.146 trillion, marking a 46 percent increase over the previous year’s budget. This landmark budget, the largest in Guyana’s history, is poised to address critical aspects of the nation’s development, focusing on alleviating the rising cost of living and introducing measures to benefit citizens […]
Guyana’s Finance Minister, Dr. Ashni Singh, recently unveiled the annual fiscal plan for 2024, demonstrating a multifaceted strategy to address housing demands, enhance water sanitation, and manage solid waste. The budget, exceeding $100 billion, reflects a commitment to critical sectors that impact citizens’ well-being and overall quality of life. The housing development initiative receives a […]
President Irfaan Ali recently officiated the commissioning of a state-of-the-art $30 million marine facility at Nismes, West Bank Demerara, owned by GAICO Construction & General Services Inc. The event was marked by the presence of government officials, industry leaders, and local residents. The facility, conceptualized in 2013 by GAICO CEO Komal Singh, includes a dry […]
The education sector in Guyana is set to receive a substantial boost with a budget allocation of $135.2 billion for the fiscal year, marking a significant $30 billion increase compared to the previous year. This robust investment underscores the government’s commitment to enhancing the quality of education and ensuring accessibility for all citizens. A substantial […]