January 2025

As the country prepares for the intense parliamentary debates surrounding the 2025 National Budget, Government Chief Whip Gail Teixeira has called for a review of the list of banned words in Parliament. Teixeira pointed out that many of these prohibitions were inherited from the British House of Commons when the country gained independence and are
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Already attracting commendations from wide and far, Guyana unveiled its largest fiscal framework yet, a monumental $1.38 trillion budget for 2025 on Friday. Anchoring this vast financial blueprint is a sweeping $90 billion package of relief measures designed to alleviate the cost of living and put more money in the pockets of the nation’s citizens.
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In a move to further support families and students across Guyana, Finance Minister Dr. Ashni Singh announced a significant increase to the “Because We Care” (BWC) Student Grant, which will now stand at $50,000 per child, benefiting over 205,000 school children. This initiative is part of the government’s ongoing efforts to alleviate financial burdens on
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In a bold move to foster growth in the agriculture sector and address power challenges, Finance Minister Dr. Ashni Singh unveiled key tax measures in the 2025 national budget, including the removal of VAT on agricultural machinery and backup generators. The Finance Minister announced the removal of VAT on agricultural machinery. This includes a wide
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In a move designed to enhance disposable income and encourage economic growth, Finance Minister Dr. Ashni Singh announced a series of adjustments to the personal income tax regime in his 2025 budget presentation. The measures are set to benefit workers, parents, and individuals with multiple income streams, all while incentivising productivity and hard work. One
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To provide support for persons 60 years and older, the Government has budgeted $10 billion for the National Insurance Scheme (NIS). This allocation will see support being offered to persons with 500 to 749 contributions. BREAKING: $10 billion injection for NIS to help pensioners Finance Minister, Dr Ashni Singh announced the allocation while presenting the
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As part of key budgetary measures meant to support the population, Finance Minister Dr. Ashni Singh on Friday announced that a one-off $100,000 voucher will be given for every newborn baby. Dr. Singh announced this as he winded down his presentation of the 2025 National Budget on Friday at the Arthur Ching Conference Centre, Liliendaal,
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Finance Minister Dr. Ashni Singh on Friday announced that the government will be giving a $10,000 voucher to every person in Guyana. Dr. Singh announced this budgetary measure on Friday night as part of his marathon presentation of the 2025 National Budget. He said it is meant to help finance a “basic menu” of health
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In a move to improve the welfare of vulnerable citizens, Finance Minister Dr. Ashni Singh announced significant increases in both the Old Age Pension and Public Assistance payments as part of the 2025 national budget. Effective from January 1, 2025, the Old Age Pension will increase by 14 percent, from $36,000 to $41,000 per month.
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Guyana’s Finance Minister, Dr. Ashni Singh, unveiled a series of impactful measures in the 2025 Budget, aimed at easing the cost of living for households and businesses alike. From reductions in electricity prices to the abolition of bridge tolls, the government is taking steps to make life more affordable for Guyanese citizens. One of the
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