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Daily Archives: January 15, 2024

President says trillion-dollar budget helping to build a more prosperous Guyana

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By Neil Marks neil@newsroom.gy Guyana’s national budget has surpassed a trillion dollars for the first time, buoyed by oil sales from ramped up production offshore, and...

With $10B more, beneficiaries of part time job programme told to acquire more skills,...

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The sum of $10 billion is allocated in the 2024 National Budget to continue the government’s part time job programme. But it comes with an...

BUDGET 2024: Fewer taxes to pay as income tax threshold moves to $100K

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Finance Minister Dr. Ashni Singh has proposed that the income tax threshold moves to $100,000 thereby allowing thousands of persons to pay fewer or...

BUDGET 2024: Gov’t to wipe out UG student loans

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The People’s Progressive Party Civic (PPP/C) government has promised to make tertiary education free by 2025 and on Monday Finance Minister Dr. Ashni Singh...

BUDGET 2024: Old age pension goes up to $36,000; public assistance now $19,000

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Finance Minister Dr. Ashni Singh Monday announced an increase in the old-age pension to $36,000. This will take effect with January payments and will benefit...

BUDGET 2024: Guyana expecting another year of strong economic growth- Finance Minister

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Finance Minister Dr. Ashni Singh Monday said Guyana should record another year of strong economic growth, including in the non-oil sector. Presenting the 2024 budget,...

BUDGET 2024: Another $7B to ease rising cost of living

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The government has set aside a total of $7 billion in the 2024 National Budget aimed at containing the impact of price increases. Finance Minister...

BUDGET 2024: Gov’t again extends reduction in fuel tax, freight charges

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As part of measures to provide continued relief to people, Finance Minister Dr. Ashni Singh announced on Monday during the budget presentation that the...

BUDGET 2024: Use of technology, new infrastructure focus of $90.6B allocated to security sector

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The sum of $90.6 billion is allocated in the 2024 National Budget for the security sector, including sums for the Guyana Police Force ($30.3...

BUDGET 2024: $800M for Amerindian land titling

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Many of Guyana’s Indigenous people are expected to get legal recognition for lands they occupy through an $800 million budgetary allocation for the continuation...

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