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Budget 2024 provides insight into the nation’s development path – President Ali

President Dr. Mohamed Irfaan Ali provided a comprehensive overview of the transformative measures outlined in Budget 2024 during a televised address to the nation on Monday. Senior Minister within the Office of the President, with responsibility for Finance, Dr Ashni Singh announced a whopping $1.146 trillion budget for 2024, under the theme ‘Staying the course: […]

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$6B allocated to further advance GuySuCo’s production, operational efficiencies in 2024

An investment of some $6 billion is expected to be made this year to further stimulate the production capacity and operational efficiencies of the Guyana Sugar Corporation (GuySuCo). The announcement was made by the Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh during the presentation of the 2024 […]

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$8.1B to expand ‘Because We Care’ cash grant, uniform allowance this year

– Over 205,000 students set to benefit A total of $8.1 billion is budgeted to further advance the distribution of the government’s ‘Because We Care’ cash grant and school uniform allowance, benefitting over 205,000 students countrywide. This year, the ‘Because We Care’ cash grant has been increased to $40,000, coupled with the $5,000 uniform allowance. […]

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$129.8B to be injected to boost Guyana’s health sector in 2024

The health sector has been allocated $129.8 billion in Budget 2024 to ensure it mirrors international standards. This is according to Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh during the 2024 budget presentation in the National Assembly on Monday. “With the aim of expanding and upgrading health […]

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$500M budgeted to support Board of Industrial training – Dr. Singh

– Over 7800 persons set to benefit from skills training for 2024 The sum of $500 million has been allocated for the Board of Industrial Training (BIT), in keeping with the aim of upskilling the labour force of Guyana. This was announced by Seniour Minister in the Office of the President with responsibility for Finance, […]

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$90.6B earmarked to enhance Guyana’s security

The government’s pursuit of a safer country will be accelerated with an allocation of $90.6 billion in budgetary funding for the security sector. Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh Monday said the funds will be spent on acquiring new vehicles, enhancing infrastructure, incorporating technology, and providing […]

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Old age pension increases to $36,000 in budget 2024

— Public Assistance also increases to $19,000 Effective from January 2024, old age pension will be $36,000 per month placing a sum of $2.7 billion of additional disposable income in the hands of 76,000 senior citizens. Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh announced this measure during […]

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$28.7B allocated for the construction, maintenance of educational facilities in 2024

In keeping with the aim of ensuring equitable access to education, a sum of $28.7 billion has been budgeted for the continued construction, expansion, and rehabilitation of educational infrastructure in 2024. This was highlighted by Senior Minister within the Office of the President with responsibility for Finance, Dr Ashni Singh, during his 2024 budget presentation […]

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