Yearly Archives: 2023
BUDGET 2023: Old-age pension now $33,000Finance Minister Dr. Ashni Singh on Monday announced that the old-age pension has been increased to $33,000. This increase, he...
BUDGET 2023: Finance Minister proposes removal of VAT on residential propertiesFinance Minister Dr. Ashni Singh on Monday proposed the removal of the 14 per cent Value Added Tax (VAT) on...
BUDGET 2023: Low-income mortgage ceiling moves to $20MFinance Minister Dr. Ashni Singh on Monday announced that the low-income mortgage ceiling will increase to $20 million. As he...
BUDGET 2023: Another $5B set aside to ease rising cost of livingThe government acknowledges that many people are affected by a rising cost of living and as such, another $5 billion...
BUDGET 2023: Gov’t sets aside $10B for more part time jobsThe government in 2022, launched a part time jobs initiative and employed thousands of people across the country. Finance Minister...
BUDGET 2023: Gov’t extends reduction in fuel tax, freight chargesAs part of measures to provide continued relief to people, Finance Minister Dr. Ashni Singh announced that the government will...
BUDGET 2023: Each child to get $40,000 as ‘Because We Care’ cash grant increasesThis year, it is expected that each school-aged child will receive $40,000 as the government plans to increase the Ministry...
BUDGET 2023: Thousands to pay fewer taxes as income tax threshold moves to $85KIn budget 2023, Finance Minister Dr. Ashni Singh has proposed that the income tax threshold moves to $85,000, allowing thousands...
BUDGET 2023: Guyana’s economic growth pegged at 25.1% with 136 lifts of profit oil expected this yearLargely supported by the oil and gas sector, Guyana’s economic resilience will continue in 2023 with real GDP is projected...
BUDGET 2023: Over $263M more for City Hall’s restorationIn preserving Guyana’s rich history and maintaining the aesthetics of thecapital city – Georgetown – works on restoring the historic...
BUDGET 2023: Over $54B to develop new, upgrade existing housing developmentA total of $54.5 billion has been set aside in the 2023 national budget for housing development in new and...
BUDGET 2023: $500M to boost Amerindian land titlingLand titling for Indigenous people remains a focus of the government and Minister of Finance Dr. Ashni Singh on Monday...
