January 18, 2025
Residents of Linden, particularly pensioners, single parents, and workers, have expressed satisfaction with the measures outlined in Budget 2025.
Many view the government’s fiscal plan as a step toward improving their financial well-being and providing greater opportunities for economic stability.
Presented under the theme “A Secure, Prosperous, and Sustainable Guyana,” Budget 2025 amounts to $1.382 trillion, reflecting a 20.6% increase over the previous year.
The budget includes significant measures such as income tax reductions, higher pension payments, and financial support for families, all aimed at increasing disposable income.
During a series of street interviews, Linden residents shared their perspectives on how the budget will impact their daily lives.
Entrepreneurs, pensioners, and educators alike acknowledged the gradual progress of government initiatives, noting that while no budget can address all concerns at once, the proposed measures signal positive change.
Among the key highlights of the budget, the Old Age Pension will increase from $36,000 to $41,000 per month, while public assistance will rise to $22,000.
Families with newborns will also benefit from a newly introduced $100,000 one-time grant, easing the financial burden on parents.
Additionally, tax relief on overtime pay and adjustments for second jobs have been welcomed by many workers seeking financial stability.
Taxi drivers, teachers, and other professionals in Linden emphasized that the budgetary measures will contribute to long-term growth, particularly through investments in education and social welfare.
Others expressed optimism about how these financial policies will benefit not just individuals but the entire country.
As the government prepares for parliamentary debates on the budget, residents remain hopeful that these initiatives will bring tangible improvements to their daily lives while ensuring broader economic prosperity.