Caribbean News

BUDGET 2025: $100,000 one-off grant for every newborn baby

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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BUDGET 2025: $10,000 healthcare voucher for every citizen

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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BUDGET 2025: Old age pension now $41, 000; public assistance increased to $22, 000

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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Lower electricity costs, abolishing bridge tolls and cheaper fuel among key measures to ease cost of living

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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BUDGET 2025: Gov’t allocates $9 billion to ease cost of living pressures

In a bid to ease the cost of living for citizens, Finance Minister Dr. Ashni Singh announced a major allocation of $9 billion in the 2025 Budget, aimed at addressing price increases and providing targeted relief to some of Guyana’s most vulnerable communities. The measure builds on previous initiatives, reflecting the government’s ongoing commitment to
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BUDGET 2025: $8 billion allocated for continued advancement of Sport

A total of G$8 billion has been allocated in the National Budget 2025 for the continued advancement of sport. Finance Minister Dr. Ashni Singh announced this during his presentation at the Arthur Chung Conference Center, Liliendaal, on Friday. Under the theme ‘a secure, prosperous, and sustainable Guyana’, this year’s allocation to sport significantly exceeded the
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BUDGET 2025: Gov’t pledges $7.2 billion to enhance welfare of Amerindian communities

The Government of Guyana has set the stage for continued progress in Amerindian and Hinterland development, with a particular focus on land titling, the Amerindian Fund, and the resumption of key developmental initiatives that had been halted during the 2015-2020 period. During his budget presentation on Friday, Finance Minister Dr. Ashni Singh noted that one
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BUDGET 2025: $58.5 billion to support women, children & other vulnerable groups

The government will expand its support for vulnerable groups across Guyana with a $58.5 billion allocation for social services in the 2025 National Budget. This allocation was announced by Finance Minister Dr. Ashni Singh on Friday, as he presented the 2025 National Budget during a sitting of the National Assembly. According to Dr. Singh, the
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BUDGET 2025: Gov’t prioritises youth and culture with major investments

In a transformative 2025 budget speech, Finance Minister Dr. Ashni Singh on Friday noted the government’s commitment to the cultural, artistic, and youthful spirit of Guyana. Notably, a new recording studio in Port Mourant, set to open in 2025, is part of an initiative to support artists, with an additional three studios planned across regions
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BUDGET 2025: Historic $112.6 billion to transform housing, empower homeowners

In his usual engaging budget presentation on Friday, Finance Minister Dr. Ashni Singh highlighted the government’s unwavering commitment to revitalising Guyana’s housing sector, with a monumental $112.6 billion allocated for the 2025 fiscal year. The impressive $112.6 billion earmarked for continued housing development, brings the total expenditure for the sector to an eye-watering $191.1 billion
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