–fiscal plan to be presented ‘early’, Dr. Jagdeo says

GUYANA will see an early budget in 2024, with key focus being placed on providing more disposable income to citizens and advancing the country’s economic development, General Secretary of the People’s Progressive Party (PPP/C), Dr. Bharrat Jagdeo has said.

Dr. Jagdeo, during his weekly news conference on Thursday, told reporters that officials are engaging in preparations for the 2024 national budget.
“You will see an early budget… [and] the continuation of building the economic and social infrastructure of the country to enhance future growth and to bring greater comfort to our people,” the General Secretary said.

The national budget, Dr. Jagdeo said, will focus on two key elements: Providing more disposable income to citizens and advancing the economy through a slew of policies and programmes.

“Disposable income can come from several ways, it can be increased salaries, reduced taxes, more people being employed, and all of these measures would be catered for in the 2024 budget; so you can expand employment and get more disposal income at the gross level, that is the national level, because more people are working,” the General Secretary said.

The government passed a $781.9 billion national budget this year, and owing to the rate of development, requested an additional supplementary funding to carry out projects.
The General Secretary also revealed that government ministers will host a series of press conferences in the coming week to discuss the advancements made thus far in each of their respective areas.

NEW HEIGHTS
During a recent event, President, Dr Irfaan Ali had announced that 2024 will be a significant year for all, as more initiatives will be rolled out to better everyone’s lives.
The President highlighted that the nation was gearing up to assume its non-permanent seat at the United Nations Security Council (UNSC) on January 1, 2024.

Additionally, Guyana will be assuming Chairmanship of CARICOM and will be hosting the Guyana Energy Conference and Supply Chain Expo, and the CARICOM Heads of Government meeting next year.

Meanwhile, as the nation continues to build relationships, the President said that, in February 2024, Guyana will be hosting “high-level” delegations from Brazil, Saudi Arabia, Qatar, the United Arab Emirates and Rwanda, among other countries.