The ‘Because We Care’ cash grant, an initiative that transfers funds to all schoolchildren, has been increased to $60,000, while a $20,000 transportation support grant will be introduced. These budgetary measures were announced by Finance Minister Dr Ashni Singh on Monday during the presentation of the 2026 National Budget. Dr….
BUDGET 2026: Fuel relief, freight reductions and $9B targeted ‘cost of living’ support
In Budget 2026, the Government of Guyana has reaffirmed its commitment to easing the cost of living for citizens through a series of targeted measures designed to mitigate everyday expenses. Since March 2022, the Government has maintained a zero percent excise tax on petroleum products, foregoing an estimated $100 billion…
BUDGET 2026: Gov’t reducing cost of vehicle ownership
Finance Minister Dr Ashni Singh has highlighted plans to reduce the cost of vehicle ownership, noting that new measures to do so include removing Value-Added Tax (VAT) on vehicles below 1500 cc. The Finance Minister announced these measures during his presentation of the 2026 National Budget. He also said the…
BUDGET 2026: Higher mortgage ceilings, housing subsidies to reduce cost of home ownership
In Budget 2026, the Government of Guyana has unveiled a series of measures aimed at making home ownership more accessible and affordable for families across the country. Central to these initiatives is a further increase in the low-income mortgage ceiling at commercial banks from $20 million to $30 million, building…
BUDGET 2026: US$100 million to be injected into new zero-interest development bank
With an initial US$100 million injection, the government is pressing ahead with the establishment of the Guyana Development Bank. This bank is a new initiative that will provide zero-interest loans to young entrepreneurs, women, and other groups. It has been a manifesto promise of the recently re-elected People’s Progressive Party…
BUDGET 2026: 14‑day residency rule for destination weddings abolished
As part of the suite of measures unveiled in Budget 2026, the Government of Guyana has moved to expand tourism‑related economic activity by removing the 14‑day residency requirement for destination weddings, a long‑standing hurdle for couples seeking to marry in Guyana. Previously, foreign couples were required to remain in the…
BUDGET 2026: $2 billion to fix ‘sad, neglected’ Stabroek & Bourda markets
Guyana’s 2026 National Budget makes provisions for the restoration of two historical markets in the capital city, Finance Minister Dr Ashni Singh announced on Monday. Dr. Singh said $2 billion has been set aside for the commencement of activities to rebuild the markets. He described the Georgetown structures as being…
Over 4,700 Guyanese registered for e-ID in 2025; digital gov’t services for expansion in 2026
In 2025, over 4,700 citizens enrolled in Guyana’s national Electronic Identification (e-ID) system, a cornerstone of the government’s ambitious digitalisation agenda aimed at transforming public service delivery, Finance Minister Dr. Ashni Singh said during his 2026 budget presentation on Monday. The e-ID, which includes separate cards for citizens and resident…
BUDGET 2026: Guyana Police Force gets $36.2 billion for continued modernisation
The government is focused on the continued modernisation of the Guyana Police Force, according to Finance Minister Dr Ashni Singh, who announced on Monday that $36.2 billion will be spent to support crime-fighting activities across the country. A major allocation—$5 billion— will go towards the ‘Safe Country’ initiative, an investigative…
BUDGET 2026: $6B for sport; facilities and talent development among key focus
The sum of $6 billion has been budgeted for sport development in 2026, including $1.3 billion to maintain and upgrade grounds across the country. In unveiling government’s plan for the sector in Budget 2026, Finance Minister Dr. Ashni Singh said the construction of Guyana’s first powerlifting and high-performance conditioning facility,…
