Over 700,000 Guyanese will benefit for the $100,000 one-off cash grant that will be disbursed after the 2026 budget is passed.

This was disclosed by Prime Minister Mark Phillips, when the Committee of Supply examined the $111.4 Billion allocation for his office.

A $72.5 billion allocation under the Office of the Prime Minister has been set aside for the disbursement of the one-off $100,000 cash grant.

The allocation came under scrutiny in the Committee of the Supply during the consideration of the 2026 budget estimates on Monday night.

Opposition Member of Parliament Vinceroy Jordan questioned how many citizens will benefit from this latest cash grant distribution.

In response, Prime Minister Phillips informed the Committee that some 716,261 persons will benefit from the exercise, noting that once the budget is passed, the Ministry of Finance will start preparations for the roll-out.

“We are feverishly working towards the passage of this budget and to start the preparation to pay the people of Guyana including all the members of the opposition to pay you the $100,000 that you deserve and qualify for by simply being a citizen of Guyana 18 years and above,” he told the House on Monday.

Further, Jordan questioned whether persons would have to re-register to access the grant. PM Phillips informed that an additional registration exercise will be needed to update the over 600,000 names in the database.

For instance, records will have to be updated to reflect changes such as deaths.

“And then we’ll have to do an additional registration exercise to cater for some 14,000 Guyanese who are likely to qualify. So, we’ll have to do a check of the list, update it and also do some registration…will be joining the 18 years and above,” he further explained.

Questions were also raised about the method of distribution, particularly for public servants and others who receive salaries via the banking system.

“We already have been discussing what is the easiest way and perhaps the fastest and more efficient way ensuring people get this money. And at the appropriate time the entire nation will be so informed,” the prime minister assured.

The Prime Minister reiterated that the cash grant programme is one of several measures by the PPP/C government to cushion Guyanese from the cost of living.