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President Irfaan Ali has defended his Government’s $1.558 Trillion budget, outlining that citizens stand the most to benefit. In a recorded broadcast released by his office, the President said this year’s budget is expected to bring the Government’s developmental plan alive, which includes the development of the people of Guyana by putting more monies in […]
Projecting that the $1.558 Trillion National Budget will produce one of the country’s biggest deficits, and force the Government to borrow hundreds of billions of dollars to finance its projects and programmes this year, APNU Parliamentary Lead, Dr. Terrence Campbell today said the budget was lopsided and heavy on infrastructure with not enough measures in […]
Leader of the Opposition, Azruddin Mohamed has stated that the $1.558 Trillion Budget fell “woefully short” of addressing the challenges confronting the people of Guyana. In an interview with News Source moments after the budget was presented last evening, the Opposition Leader said the 2026 Budget fails to reflect the realities of the Guyanese people, […]
The Government is proposing to spend a staggering $119 billion this year to expand and diversify energy, from upgrading distribution lines, to completing phase one of the Gas-to-Energy project and expanding solar energy. As it relates to the delayed Gas-to-Energy project, the Finance Minister acknowledged during his budget presentation that there have been delays, but […]
A total of $113.2 Billion has been budgeted for the country’s Agriculture Sector, and that represents $28.3 Billion more than in 2025. The Government is seeking to reinforce Agriculture as a major pillar of Guyana’s diversification efforts, and buttress the country’s position in the region as the leader in food security. “We will continue to […]
The Guyana Police Force has been allocated a further $900 Million this year to upgrade its fleet of vehicles and river transport. Finance Minister, Dr. Ashni Singh, said the Government intends to have Police presence substantially improve in all communities and having vehicles will be essential to realizing that goal. Dr. Singh said since returning […]
The Irfaan Ali Administration unveiled a $1.558 Trillion Budget to the National Assembly for 2026 with a menu of measures that include a $100,000 cash grant for every citizen, school grants totaling $85,000, tax waivers and the introduction of an annual transportation grant for children and pensioners. In his budget presentation, which spanned over six […]
The Government intends to spend more than $191 Billion this year to further develop the country’s’ road and bridge network, Finance Minister Dr. Ashni Singh said today. During the presentation of the 2026 Budget, the Finance Minister laid out Government’s infrastructure plan which includes the construction of new highways, expansion of current ones and construction […]
Although missing its 2025 target, the low producing Guyana Sugar Corporation is set to receive another major financial boost from the Government. Finance Minister Dr. Ashni Singh, announced today that GuySuCo will receive a further $13.4 Billion this year to continue its work. Earlier in his budget presentation the Finance Minister noted that despite the […]
Guyana’s Natural Resource Fund (NRF) had a balance of US$3.250 Billion at the end of 2025, Senior Minister with responsibility for Finance, Dr Ashni Singh disclosed today as he presented the 2026 National Budget to the National Assembly at the Arthur Chung Conference Centre. He told the House that Government withdrew US$2.463 Billion from the […]
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