Finance Minister announces steps on cost of living, housing

Finance Minister announces steps on cost of living, housing

To combat the rising cost of living, Dr. Ashni Singh, Minister within the Office of the President with Responsibility for Finance yesterday said that the 2026 Budget introduces several measures aimed at boosting disposable income: ●          Every Guyanese citizen aged 18 and older will again receive a one-off cash grant, a $60 billion direct transfer to the people. The article Finance Minister announces steps on cost of living, housing appeared…

BUDGET 2026: Fuel relief, freight reductions and $9B targeted 'cost of living' support

In Budget 2026, the Government of Guyana has reaffirmed its commitment to easing the cost of living for citizens through a series of targeted measures designed to mitigate everyday expenses. Since March 2022, the Government has maintained a zero percent excise tax on petroleum products, foregoing an estimated $100 billion in annual revenue. This policy has provided households with approximately $500 in savings for every gallon of diesel or gasol…