–PPP/C outlines plans to put more money into citizens’ pockets
CITIZENS can look forward to more money in their pockets as the government has outlined plans that centre on income growth, tax reforms, targetted sector investments and development that targets public servants and vulnerable groups.
The plan, presented by People’s Progressive Party (PPP) General Secretary Dr. Bharrat Jagdeo, who also serves as Guyana’s Vice-President, reinforces the government’s intention to build on its current term with prudent initiatives.
During his weekly press conference on Thursday, at Party headquarter, Freedom House, Dr. Jagdeo said, “Every person who works in the State sector will see increases; that includes our teachers, our nurses, our policemen, firemen, the army…”
According to Dr Jagdeo, this includes an increase in allowances and salaries.
Pensioners and persons on public assistance are also slated to benefit from increases, and those employed as part-time workers, night shift employees, and Community Service Officers (CSOs) can expect higher wages.
Specific sectors, from mining to fishing, forestry and agriculture will also get direct support from the government.
“The taxation system would evolve in such a way that if you make more money, you are going to keep more money,” Dr. Jagdeo explained.
Cost reduction measures will also be targetted. Already, there has been the removal of bridge tolls, an initiative that takes effect from today (August 1, 2025).
From less taxes to the continued expansion in education, health and socio-economic programmes in the PPP/C’s 2025-2030 Manifesto have laid out the backbone of a transformational second term, one built on continued performance and not hollow promises.
The government has also promised to create job opportunities for persons with disabilities, and expand education and home-based healthcare services.
Also, the new PPP/C government will ease the tax burden, and among some of its plans, it says, is the lowering of taxes on four-door pickups. But it doesn’t stop there.
Additional cash grants for families and individuals will also be granted in the PPP/C’s next term.
Since assuming office in 2020, the PPP/C government has taken the agricultural sector off the backburners of development, and in its 2025-2030 Manifesto, it is promising to continue on this investment trajectory and expand the support.
Continuing direct support to farmers, whether it be through planting material, breeding stock, or fertiliser, has been outlined by the PPP/C, along with co-investing in agro-processing hubs, and making more land available to small and medium-scale miners.
However, this is not all, as the PPP/C, during its next term in office, will maintain a favourable fiscal regime, as in no increases in royalties, no tributers tax, and no Value-Added Tax (VAT) on heavy machinery.