Daily Archives: January 26, 2022
Country’s largest budget of $552.9B fuelled by oil revenues
Guyana 2022 national budget of $552.9 billion was fuelled by oil revenues. Since the country began producing oil over five...
BUDGET 2022: Less taxes to pay as income tax threshold moves to $75,000
Workers will now be paying less tax from their salaries as the government has proposed increasing the monthly income tax...
BUDGET 2022 sees increases in old age pension, public assistance & school grants
The government has announced increases in budget 2022 for the old age pension, public assistance and two key grants given...
BUDGET 2022: $5B to cushion rising food prices as Gov’t reduces gas, freight prices
With several measures in budget 2022 to ease the effects of the rising cost of living, the government has set...
Budget 2022: Tax cuts for pickups, trucks, contractors and Guyanese businesses
In its push to improve business competitiveness, promote local content and support job creation, the government has announced tax reductions...
BUDGET 2022: $2.2B allocated for development of Sport
Sport has seen another significant increase in its budgetary allocations with the government investing $2.2 billion, according to Finance Minister,...
BUDGET 2022: More training for police officers; increased fire service capacity
The training of police officers and boosting the capacity of the Guyana Fire Service are part of the numerous initiatives...
BUDGET 2022: Building schools, scholarships big focus of $74.4 B education budget
Finance Minister Dr. Ashni Singh has announced that $74.4 billion has been allocated to improving access to education and education...
BUDGET 2022: Six new hospitals, mental health & COVID big focus of $73.2 B health sector
A total of $73.2 billion has been allocated to the health sector in the 2022 National Budget and of that...
BUDGET 2022: Stellings to get $456M upgrades, port facilities for river mouths
In budget 2022, the government is encouraging private investments to develop port facilities at the mouth of the country’s main...
BUDGET 2022: Most of $29.4 B energy sector budget goes to Wales gas-to-energy project
A total of $29.4 billion has been allocated to the energy sector in 2022 and a majority of that sum-...
BUDGET 2022: Hinterland airstrips set for upgrades at $600M; CJIA gets $927M
With work still ongoing to upgrade the country’s main port, the Cheddi Jagan International Airport, the government has allocated large...
