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, Dr. Singh said Guyana’s real Gross Domestic Product (GDP) growth is pegged at 34.3% this year. Further, the non-oil sector on its own should expand…

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 Dr. Ashni Singh said the monies will be spent after consultation with stakeholders. In 2023 and 2022, the government acknowledged that many people are affected…

As part of measures to provide continued relief to people, Finance Minister Dr. Ashni Singh announced on Monday during the budget presentation that the government will maintain the tax cuts for fuel and freight charges. Dr. Singh reminded people that in the budget 2022, the government removed the excise tax…

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 billion), the Guyana Fire Service ($6.5 billion) and the Guyana Prison Service. This is an increase from the $72.6 billion that was expended by the sector…

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 of the Amerindian Land Titling project this year. Finance Minister Dr. Ashni Singh said a total of $9 billion has been set aside for the development…

A new care home for senior citizens will be built at Enmore, East Coast Demerara (ECD), as the government continues to focus on providing key social services, Finance Minister Dr. Ashni Singh said Monday. The Finance Minister presented the 2024 National Budget on Monday at a sitting of the National…

The sum of $78 billion is allocated in the 2024 national budget to further develop housing infrastructure country-wide. This is an increase from the $52.7 billion spent for the construction of roads, drains and bridges in the respective housing areas in 2023. Since 2020, over 30,000 house lots have been…

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…

Some $135.2 billion has been budgeted for the education sector with the government opting to invest huge sums in the construction of new schools and the provision of online scholarships and training opportunities. “The education sector is absolutely critical to the realisation of our national objectives,” Finance Minister Dr. Ashni…

Guyana’s public health sector is set to receive $129.8 billion, the largest ever budgetary allocation here, as the government seeks to train more nurses, build more modern health facilities and tackle chronic diseases that affect thousands of people annually. Finance Minister Dr. Singh on Monday, during his presentation of the…