$150,000 subsidy for fisherfolk – President Ali announces 

President Dr Irfaan Ali announced that the government will be giving $150,000 to each fisherfolk as part of an effort to better support these workers.

“… we’re going to give $150,000 to every fisherfolk out there to help them as an incentive and subsidy from the government,” President Ali said in an interview with the News Room ahead of COP30 in Brazil.

The Guyanese Head of State highlighted that the government has been examining the prevailing conditions and the needs of various groups. With that examination, the government has decided to roll out targeted support as it has done in the past.

According to the recently released mid-year report, the agriculture, fishing, and forestry sector is estimated to have grown by 9% in the first half of 2025. In that report, which was prepared by the Ministry of Finance, it was noted that further investments and support would go into these sectors.