{"id":15638,"date":"2024-01-19T14:44:27","date_gmt":"2024-01-19T14:44:27","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=15638"},"modified":"2024-01-19T14:44:28","modified_gmt":"2024-01-19T14:44:28","slug":"president-ali-addresses-key-measures-in-1-1-trillion-dollar-budget","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/president-ali-addresses-key-measures-in-1-1-trillion-dollar-budget\/","title":{"rendered":"President Ali Addresses Key Measures in 1.1 Trillion-Dollar Budget"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>President Dr. Irfaan Ali has expressed confidence that the 1.1 trillion-dollar budget for the fiscal year effectively addresses the challenges facing Guyanese. <\/p>\n\n\n\n<p>In a recent announcement, the Head of State outlined key measures aimed at improving the standard of living for citizens.<\/p>\n\n\n\n<p>President Ali emphasized that the measures outlined in the budget, both cost and non-cost, are geared towards increasing disposable income and putting more money into the hands of the people, particularly vulnerable groups. <\/p>\n\n\n\n<p>The budget is designed to enhance the system of governance and improve the provision of services, addressing current challenges faced by citizens.<\/p>\n\n\n\n<p>One critical aspect highlighted by President Ali is the need to contain the rising cost of fuel, recognizing its widespread impact on citizens. <\/p>\n\n\n\n<p>The government has taken steps to mitigate this by reducing taxes on fuel to zero upon returning to office, removing a significant cost burden. <\/p>\n\n\n\n<p>In the current fiscal year, the government will forego an additional 40 billion dollars to maintain zero taxes on fuel.<\/p>\n\n\n\n<p>President Ali sees the budget as a clear strategy for building national prosperity and creating opportunities for every Guyanese. <\/p>\n\n\n\n<p>It provides a holistic overview of Guyana&#8217;s development trajectory, outlining important projects that will advance the transformative agenda for the country and its economy.<\/p>\n\n\n\n<p>The budgetary measures underscore the government&#8217;s commitment to addressing immediate challenges, fostering economic growth, and ensuring that the benefits of development reach every segment of the population. <\/p>\n\n\n\n<p>President Ali&#8217;s focus on increasing disposable income and alleviating cost-of-living pressures reflects a comprehensive approach to enhancing the well-being of citizens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip;<\/p>\n","protected":false},"author":4,"featured_media":15639,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[365,366,363,350,359],"tags":[],"class_list":["post-15638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-human-development","category-local-development","category-national-transformation","category-news","category-top-picks"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/15638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=15638"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/15638\/revisions"}],"predecessor-version":[{"id":15640,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/15638\/revisions\/15640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/15639"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=15638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=15638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=15638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}