{"id":28117,"date":"2026-01-24T18:31:04","date_gmt":"2026-01-24T22:31:04","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=28117"},"modified":"2026-01-24T18:31:04","modified_gmt":"2026-01-24T22:31:04","slug":"finance-minister-highlights-economic-progress-in-guyana","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/finance-minister-highlights-economic-progress-in-guyana\/","title":{"rendered":"Finance minister highlights economic progress in Guyana"},"content":{"rendered":"
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Finance Minister, Dr. Ashni Singh says Guyana\u2019s economic transformation is evident in the everyday lives of its citizens, particularly young professionals, and reflects the sound judgment of the Guyanese people.<\/p>\n\n\n\n

Speaking in a recent interview, Dr. Singh emphasised his\u00a0faith in the analytical capability and intelligence of the nation, noting that the\u00a0People\u2019s Progressive Party\u2019s decisive 2025 re-election\u00a0signals that citizens recognize and support the economic progress taking place.<\/p>\n\n\n\n

“Every young professional has within their reach the ability to own their own home. That was not the case 20 years ago.\u00a0<\/em><\/strong>It was certainly not the case. It would have been an outlandish and an unrealistic expectation 30 years ago. Today, it is the norm<\/em><\/strong>,” he said. <\/p>\n\n\n\n

Dr. Singh also highlighted advances in personal transportation, a key indicator according to him of rising incomes.<\/p>\n\n\n\n

“<\/em><\/strong>Today, more young Guyanese own<\/em>\u00a0<\/em><\/strong>their own means of<\/em><\/strong>\u00a0<\/em><\/strong>transportation than at any other<\/em><\/strong>\u00a0<\/em><\/strong>time in our country’s history. <\/em><\/strong>Again, when I started as a civil<\/em><\/strong>\u00a0<\/em><\/strong>servant, you had to be a wealthy<\/em><\/strong>\u00a0<\/em><\/strong>person or a senior civil servant<\/em><\/strong>\u00a0<\/em><\/strong>to own your own motorcar. Today,<\/em><\/strong>\u00a0<\/em><\/strong>owning your own motor car is not<\/em><\/strong>\u00a0<\/em><\/strong>beyond the reach of the average<\/em><\/strong>\u00a0<\/em><\/strong>Guyanese family. Most people<\/em><\/strong>will not be able to buy a car<\/em><\/strong>\u00a0<\/em><\/strong>with cash, but they’re earning<\/em><\/strong>\u00a0<\/em><\/strong>enough income to be able to go<\/em><\/strong>\u00a0<\/em><\/strong>into a bank, get a loan, service<\/em><\/strong>\u00a0<\/em><\/strong>that loan with their income, and<\/em><\/strong>\u00a0<\/em><\/strong>purchase a motor car<\/em><\/strong>,” the senior minister pointed out. <\/p>\n\n\n\n

Education and skills development are also key pillars of the country\u2019s economic progress.<\/p>\n\n\n\n

The Finance Minister linked these developments to broader economic growth, stating that the combination of rising incomes, access to credit, homeownership, and improved education reflects a Guyana that is modernizing rapidly and creating opportunity in every sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

Finance Minister, Dr. Ashni Singh says Guyana\u2019s economic transformation is evident in the everyday lives of its citizens, particularly young professionals, and reflects the sound judgment of the Guyanese people. Speaking in a recent…<\/p>\n","protected":false},"author":1,"featured_media":28118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[572,361,350],"tags":[488,537,370,412,405],"class_list":["post-28117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budget-2026","category-business-and-economy","category-news","tag-488","tag-budget-2026","tag-guyana","tag-ncn-guyana","tag-ncn-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/28117","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=28117"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/28117\/revisions"}],"predecessor-version":[{"id":28119,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/28117\/revisions\/28119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/28118"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=28117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=28117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=28117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}