The Government has moved to significantly reduce the tax burden on workers and small property owners, announcing major tax relief measures in Budget 2026 aimed at increasing disposable income and easing household financial pressures. Presenting the budget on Monday, Senior Minister in the Office of the President with responsibility for Finance, Dr. Ashni Singh, said […]
FINANCE
Edghill says Public Works gets 27% of capital budget as he defends “people-oriented” Budget 2026
Minister of Public Works Juan Edghill has hailed Budget 2026 as a “very detailed, well-informed, grounded, people-oriented budget,” while revealing that his ministry will receive the largest share of capital allocations under the Public Sector Investment Programme (PSIP). Speaking during a live broadcast following the budget presentation, Edghill congratulated the Ministry of Finance and Cabinet […]
Public sector wages up 46% since 2020 following 8% wage hike
Public sector workers have seen cumulative wage increases of 46 percent since 2020, with an eight percent across-the-board salary increase paid in 2025 as part of Government’s continued policy to raise disposable incomes and improve living standards. Presenting Budget 2026 in the National Assembly on Monday, Senior Minister in the Office of the President with […]
“More than $100 billion in direct transfers” – Minister Edghill outlines social benefits in Budget 2026
Minister of Public Works Juan Edghill says Budget 2026 delivers on government promises through increased pensions, grants and social assistance, describing it as “a people-centered budget… that puts people first.” Speaking after the budget presentation, Edghill emphasised that the measures form part of a long-term plan. He announced that the old age pension will rise […]
Public sector wages up 46% since 2020 following 8% wage hike
Public sector workers have seen cumulative wage increases of 46 percent since 2020, with an eight percent across-the-board salary increase paid in 2025 as part of Government’s continued policy to raise disposable incomes and improve living standards. Presenting Budget 2026 in the National Assembly on Monday, Senior Minister in the Office of the President with […]
NRF earned US$2.1B in profit oil in 2025 -Singh
Guyana’s Natural Resource Fund (NRF) received US$2.1 billion in profit oil revenues in 2025, according to Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh, during his Budget 2026 presentation in the National Assembly on Monday. Presenting the NRF update, Singh told the House that 260 lifts of crude oil […]
GTE Two, fertilizer plant key to lowering electricity costs and easing cost of living -PM Phillips
Prime Minister Mark Phillips has signalled that the government’s gas-to-energy agenda is being expanded beyond electricity generation, with a second gas-to-energy project and a fertilizer plant positioned as key tools to ease pressure on the cost of living and support long-term economic growth. Speaking on the Starting Point podcast on Sunday, hosted by Kiana Wilburg […]
Electronic payments, mobile transactions central to financial sector reform
The government is pressing ahead with plans to move Guyana toward a cash light economy, with electronic payments and mobile transactions playing a key role in ongoing financial sector reforms, President Irfaan Ali said on Friday. The President was speaking at the launch of new private banking services at the Guyana Bank for Trade and […]
Simplified bank account opening sees ‘tremendous response’ as Pres Ali backs GBTI private banking launch
President Dr. Mohamed Irfaan Ali on Friday said the simplification of bank account opening over the last two months has seen a “tremendous response”, signalling a major shift in how Guyanese are being drawn into the formal financial system. Speaking at the launch of GBTI Private Banking, President Ali said the move forms part of […]
2026 Budget coming in January, will give effect to President’s agenda
Vice President and PPP General Secretary Dr Bharrat Jagdeo has clarified that President Dr Irfaan Ali’s national budget for 2026 will be presented in January, and not during the President’s address this week, which he said was intended to outline the government’s broad policy direction. Speaking at a press conference at Freedom House on Thursday, […]