President announces $200,000 for each household

President Irfaan Ali addressing Parliament yesterday (Department of Public Information photo)
President Irfaan Ali addressing Parliament yesterday (Department of Public Information photo)

-free university education from January, 50% cut in power tariff before end of 2025

President Irfaan Ali yesterday announced a cash payment of $200,000 to each household, free university education from January next year, a 50% cut in electricity charges before the end of 2025, a universal health voucher of $10,000 and a minimum wage of $100,000 per month in the public sector among other measures.

In a sweeping address to the National Assembly, he also lambasted the former APNU+AFC government for broken promises and unveiled a range of initiatives to be funded from the country’s burgeoning oil wealth.