Uncategorized

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…
The post BUDGET 2026: US$100 million to be injected into new zero-interest development bank  appeared first on News Room Guyana.

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…
The post BUDGET 2026: 14‑day residency rule for destination weddings abolished  appeared first on News Room Guyana.

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…
The post BUDGET 2026: No VAT on local furniture, jewellery & security equipment  appeared first on News Room Guyana.

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…
The post Over 4,700 Guyanese registered for e-ID in 2025; digital gov’t services for expansion in 2026 appeared first on News Room Guyana.

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…
The post BUDGET 2026: Guyana Police Force gets $36.2 billion for continued modernisation  appeared first on News Room Guyana.

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…
The post BUDGET 2026: $6B for sport; facilities and talent development among key focus appeared first on News Room Guyana.

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…
The post BUDGET 2026: 78.3B to strengthen services to children, women and the elderly  appeared first on News Room Guyana.

From land titling projects to scholarships for Indigenous youth, the government has allocated $7.5 billion for Amerindian communities in Budget 2026. This was announced by Finance Minister Dr. Ashni Singh on Monday as he presented Guyana’s 2026 National Budget. He said $400 million will be spent on the Amerindian Land Titling project, an initiative that…
The post BUDGET 2026: $7.5 billion to support Indigenous communities appeared first on News Room Guyana.

  In a major boost to home ownership and community development, the Government has announced plans to construct 8,000 new homes and allocate 15,000 house lots across Guyana in 2026. The initiative, backed by a $159.1 billion budget for housing, forms part of the Government’s ongoing push to address the housing backlog and provide modern,…
The post BUDGET 2026: Gov’t to deliver 8,000 new homes and 15,000 house lots this year  appeared first on News Room Guyana.