Special mechanisms for workers to invest in national assets coming – President Ali

Major projects are taking shape across Guyana, and President Dr. Irfaan Ali said his government will create special mechanisms to allow workers to invest in national assets and earn more.

The President shared this vision on Friday at a Labour Day brunch held at State House, his official residence in Georgetown.

At that event, the Guyanese Head of State said his administration is focused on improving workers’ livelihoods and enhancing their quality of life even when they retire. Part of the plan to further support workers, he explained, is to allow them to invest in national projects like the forthcoming natural gas plants or a fertiliser manufacturing venture.

“We are going to develop special mechanisms and incentives so our workers can invest and our workers own a piece of the assets for the future.

“… we have to develop opportunities and carve out a specific modus, a specific programme, through which our workers can own things. You have to own things, we want the workers to own things,” President Ali told scores of workers clad in their customary red attire.

The President also assured workers that his government will continue to roll out programmes that benefit workers and all Guyanese. He said the Old Age Pension, ‘Because We Care’ schoolchildren cash grants, and the forthcoming Guyana Development Bank are among the programmes meant to support various sections of the population.

As he forges ahead with these plans, the President called for workers and workers’ unions to collaborate more with the government. Together, he said, there can be meaningful developments for workers.