2025 manifesto: PPP gov’t eyes ‘big business opportunities’ in oil sector, lower taxes for small businesses

General Secretary of the People’s Progressive Party Civic (PPP/C), Dr. Bharrat Jagdeo on Thursday said if reelected, the party will pursue huge investment opportunities in the lucrative oil sector that will generate guaranteed returns for “small people.”

He also noted that the differentiated and possibly even lower taxes for small business owners will be pursued.

Jagdeo spoke at a party press conference on Thursday. At that press conference, he outlined some of the ventures the PPP intends to pursue should it be reelected later this year in the General and Regional Elections.

“We have already identified about three big business opportunities in the oil and gas sector that we can tailor for small people in the economy, small investors, that they can share the prosperity too. You can do it in increments of $50,000 investments or $100,000

“It is a huge thing that we are talking about now,” he said.

Jagdeo emphasised that these ventures are meant to help ordinary citizens, be it teachers or other public servants, generate guaranteed income without much risk.

Aside from wealth-generation ventures, Jagdeo said the PPP also wants to more government services to become digitalised and improve the quality of education and healthcare in Guyana.

These plans and more, Jagdeo said, will be released shortly when the party launches its new manifesto.