More than 23,000 Guyanese are set to receive their $100,000 cash grants within the next 24 hours, as the government continues the rollout of its National Cash Grant Initiative.

Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh made the announcement in an update on Wednesday.

According to Dr Singh, an additional 23,816 persons have been processed in the latest phase and will soon see payments credited directly to their bank accounts.

“As of this evening, a total of 63,113 persons have completed their self-registration, and another 25,879 persons are at various stages of self-registration via the portal,” he said. “As a result… we were able today to process an additional 23,816 persons. These persons will see their cash grants being recorded in their bank accounts over the course of the next 24 hours.”

He noted that this marks a significant increase from just two days prior, when over 62,000 persons had received their payments.

With the addition of the latest batch, the total number of processed grants has now risen to 85,842, representing more than $8.5 billion in direct transfers to Guyanese citizens.

The initiative’s first phase focused on central government employees, with 48,858 public servants, teachers and members of the disciplined services receiving their payments.

Dr. Singh also encouraged those who have not yet registered, or who may have encountered difficulties, to continue using the platform.

“I thank you for your patience, and even if you might have encountered a challenge on the first or second occasion… I urge you to make perhaps a third attempt to self-register,” he said, assuring that the system remains open and accessible.

The cash grant is part of the broader effort to deliver financial support while harnessing technology to streamline government services.