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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 government will remove VAT on…
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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 on the previous increase from…
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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 Civic (PPP/C) government. Dr. Singh…
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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 country for at least two…
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In a move aimed at supporting local businesses, increasing competitiveness, and promoting safer communities, the Government announced the removal of Value Added Tax (VAT) on locally produced furniture and jewellery, as well as the removal of both duty and VAT on security equipment. The measure targeting the furniture sector covers a range of locally manufactured…
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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 in a “sad state” and…
The post BUDGET 2026: $2 billion to fix ‘sad, neglected’ Stabroek & Bourda markets  appeared first on News Room Guyana.

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 non-citizens, provides biometric verification and…
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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 tool that involves video surveillance…
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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, as well as a cricket…
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Guyana’s Government has unveiled an ambitious plan for 2026 aimed at supporting children, women, and senior citizens, with a record $78.3 billion budget for social services, up from $64 billion last year. The programmes are designed to ensure that the country’s most vulnerable populations are protected, empowered and equipped to thrive. For children, the government…
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