Budget set at $781.9b

Dr Ashni Singh

Boasting that it is a budget for all Guyanese and one for “now and the future”, Finance Minister Dr Ashni Singh last evening presented a whopping $781.9 billion budget – some 41.4% more than the $552.9 billion budget last year.

The second budget to benefit from the country’s growing oil and gas revenues, Singh said  that with continued “interventions and policies geared at building a resilient economy” the Gross Domestic Product (GDP) will grow at a projected 25.1%, which puts Guyana among the top five fastest growing economies in 2023.