President Irfaan Ali has provided a strong indication that the government of Guyana is gearing up for a substantial increase in investments in the sports sector as part of the 2024 budget.
In a recent interview, President Ali underscored the critical role of sports and expressed the government’s commitment to providing the necessary incentives for its development.
A key emphasis will be placed on nurturing sports at the youth level, with President Ali highlighting the importance of increased investment in training and development programs.
The government is keen on creating opportunities for young athletes to participate in sports actively, recognizing the positive impact it can have on both individual growth and national development.
President Ali reiterated the significance of continued government support for sports, emphasizing that such investments contribute to societal growth.
In 2023, the government allocated a substantial sum of 4.3 billion dollars to the sports sector, aiming to ensure widespread access to sporting activities for all Guyanese.
The goal is to tap into the diverse talents within the population, fostering meaningful contributions to national development.
Acknowledging the importance of quality sports equipment, President Ali stressed the need to make such resources readily available.
This initiative aims to support athletes at both grassroots and elite levels, enabling them to develop and perform at their optimal capacity.
Looking ahead to the 2024 budget, President Ali hinted at adjustments, possibly in taxes, to facilitate increased investments in the sports sector.
The government’s commitment to enhancing the sports landscape reflects its recognition of the broader impact that a thriving sports culture can have on the nation.