THE indigenous communities of Guyana are set to experience sustained growth and progress with the allocation of $9 billion in Budget 2024.

The strategic allocation is designed to fuel infrastructural, economic, and social development initiatives, reinforcing the government’s commitment to the welfare of the First Peoples.

Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh on Monday outlined the crucial allocations aimed at uplifting Guyana’s indigenous communities.

An impressive $800 million is earmarked to advance land titling activities, facilitating the recognition and documentation of ancestral lands. Additionally, $100 million is designated to support the National Toshaos Council (NTC) Conference, ensuring a platform for leadership and collaboration.

A substantial amount of $3.4 billion is allocated for economic projects and the Presidential Grants (PG) Programme, signifying a comprehensive approach to foster economic growth and community well-being.

To enhance the vital Community Service Officers (CSOs) programme, $1.2 billion is allocated. This investment aims to bolster the capabilities of CSOs across all 10 administrative regions, providing skills training and support for community-oriented initiatives.

A significant boost of $2.7 billion is dedicated to the carbon credit programme, injecting funds directly into the economies of various villages. The programme aims to fund a diverse range of projects that align with the sustainable and economic development goals of these communities.

Dr. Singh reiterated the government’s unwavering commitment to the Amerindian communities, emphasising the importance of delivering development to every corner of the country. The Senior Minister highlighted that this dedication is not constrained by geographical distance, ensuring that even the remotest communities receive the support they need.

In the fiscal year 2023, $8.9 billion was allocated and expended on numerous development projects in the hinterland, remote, riverine, and Amerindian communities. Notably, $4.7 billion in carbon credit funds was disbursed, leading to the successful implementation of 500 projects that directly impacted the lives of the indigenous population.