GEORGETOWN, Guyana, Jan 18, CMC -The Guyana government Friday night presented a GUY$1.38 trillion (One Guyana dollar=US$0.004 cents) national budget to Parliament, outlining a series of socio-economic measures that it said will incentivise and reward effort by recognising the value of hard work, and also contribute to production and productivity.
Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr Ashni Singh, in a presentation lasting more than four hours, told legislators that from measure contained in the fiscal package “it should be clear that budget 2025 contains much for everyone.
“Apart from all of the interventions in the social sector and the training and employment opportunities that will be generated by budget 2025, the measures announced will also help stimulate more growth because they promote production and productivity,” he said, adding that the measures will also improve disposable income in a very significant way.
Delivering the 126 page document that political commentators said at times were reminiscent of the launch of the 2025 general election campaign, Singh said pensioners, persons living with disabilities, working individuals and families are among the key beneficiaries, with substantial allocations earmarked during this fiscal year.
(Details in Business section)
CMC/2025