THE PPP/C administration continues to pursue an ambitious route to remodel Guyana’s economy, implementing a wide variety of relief measures designed to alleviate financial stresses and preserve economic growth.
Attorney-General Anil Nandlall aptly described these policies as an “avalanche of policies” for the welfare of people across the country.
By increasing the income tax bracket from $100,000 to $130,000, reducing income tax rates and exempting overtime payments of up to $50,000 from taxation, the government has placed much more disposable income in the hands of Guyanese. These fiscal policies ensure more money in the pockets of citizens, and a robust consumer economy.

The expansion of social welfare programmes is another cornerstone of the PPP/C’s economic policy. Increases in old age pension and public assistance, along with increased access to education brought about by free tuition at the University of Guyana and larger “Because We Care” cash grants, all attest to an ambition to raise the standard of living for all Guyanese.

The part-time jobs programme, which allows individuals to earn $40,000 for a mere 10 days of work per month, still sustains jobs and injects billions into the economy in the form of direct cash infusions and reduced taxation. These policies have

made automobile ownership and consumer spending significantly better, reflecting a tangible rise in the standard of living across the country.

Additionally, the PPP/C government’s economic model is deeply rooted in poverty reduction and eradication. Through its focus on education, health, home ownership at affordable costs, and economic diversification, the government is moving toward a more equitable society in which everyone participates in prosperity.
The Local Content Act, which was legislated in 2021, has also worked to maximise benefits from the oil and gas sector for Guyanese firms, further diversifying the economy and creating new opportunities.
As Guyana proceeds with its accelerated economic growth, the PPP/C is steadfast in its commitment to seeing the benefits of the country’s prosperity reaching all sections of our citizens.
The fact that new or additional taxes have not been a feature of recent budgets, and duties and VAT have been reduced, speaks volumes for the government’s commitment to keeping the economic climate conducive.
These transformative projects and infrastructural works, such as the new Demerara River Bridge and expanded highways, are testaments to the government’s vision for a secure, prosperous, and sustainable Guyana.