The budget outlining the Government’s plans, programmes and expenditures for 2023 reflects Guyana’s increasing income from its rapidly expanding petroleum industry. At $781.9 billion, as against $552.9 billion for 2022, this budget is 41 percent larger than 2022. The 2022 budget was in turn larger that the 2021 budget by 44.3 percent. This budget was […]
Tag Archives: inflation
UNCONTROLLED MONEY SUPPLY IS INFLATIONARY AND HARMFUL
The call has been made by the Opposition and others for the doubling of the pension for senior citizens, a substantial increase in public service salaries of 20 percent and a reduction of VAT, in addition to the income tax threshold which has been increased. These are commendable sentiments and should attract the support of […]