BUDGET 2024: $4.6B allocated to advance Sport


A total of G$4.6 billion has been allocated in the National Budget 2024 for the advancement of sport .

This was announced by Finance Minister Dr. Ashni Singh during his hours-long presentation at the Arthur Chung Conference Center, Liliendaal, on Monday.

Under the theme, ‘Staying the Course: Building Prosperity for All’, this is the fifth budget of the People’s Progressive Party Civic (PPP/C) government since its return to government in 2020 and the second to be funded in part by proceeds from oil production offshore Guyana.

“Like in so many other sectors, our sports infrastructure is undergoing its greatest transformation in the history of our country. More is being invested in ensuring that our citizens and, in particular, our young people have access to world-class sporting facilities,” Dr. Singh said.

Several projects, which have already started, are slated for completion in 2024, among them the synthetic track in Region Six and the installation of international standard floodlights at the Bayroc ground.

Similar lighting towers have already been installed at the multi-purpose facility at Anna Regina, Uitvlugt Community Centre and the synthetic tracks in Regions Six and 10.

Additionally, G$1 billion has been allocated for the continuation of the Ground Enhancement Programme in 2024, while construction will continue on the multi-purpose sport halls in Regions One, Three, Seven, Eight and Nine, as well as multi-purpose sport facilities in Regions Two and 10, for which purpose G$957 million has been allocated in Budget 2024.

In 2023, G$4.3 billion was allocated for sport, with supplementary funding of G$500 million.

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