{"id":21371,"date":"2024-07-20T00:29:35","date_gmt":"2024-07-20T00:29:35","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=21371"},"modified":"2024-07-20T00:29:36","modified_gmt":"2024-07-20T00:29:36","slug":"governments-efforts-to-mitigate-cost-of-living-concerns","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/governments-efforts-to-mitigate-cost-of-living-concerns\/","title":{"rendered":"Government&#8217;s Efforts to Mitigate Cost of Living Concerns"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>General Secretary of the ruling People&#8217;s Progressive Party (PPP), Dr. Bharrat Jagdeo, has defended the government&#8217;s approach to addressing the rising cost of living. <\/p>\n\n\n\n<p>During his weekly press conference, Dr. Jagdeo highlighted the administration&#8217;s ongoing efforts to manage the financial pressures facing citizens.<\/p>\n\n\n\n<p>Dr. Jagdeo emphasized that despite global economic fluctuations and increased oil production, the government continues to subsidize the costs of electricity, water, and fuel significantly. <\/p>\n\n\n\n<p>He noted that the removal of a 60 percent excise tax on gasoline and diesel, which amounts to approximately US$384 million, has been a major step in reducing costs for consumers.<\/p>\n\n\n\n<p>Additionally, Dr. Jagdeo pointed out that water rates have been reduced by 5 percent since the government took office in 2020, despite overall increases in costs across other sectors. <\/p>\n\n\n\n<p>He stressed that these measures are part of the government&#8217;s broader strategy to stabilize prices and support the business community and residents during these challenging times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Secretary of the ruling People&#8217;s Progressive Party (PPP), Dr. Bharrat Jagdeo, has defended the government&#8217;s approach to addressing the rising cost of living. During his weekly press conference, Dr.&hellip;<\/p>\n","protected":false},"author":4,"featured_media":21372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[350],"tags":[],"class_list":["post-21371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/21371","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=21371"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/21371\/revisions"}],"predecessor-version":[{"id":21373,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/21371\/revisions\/21373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/21372"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=21371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=21371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=21371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}