City chamber commends gov’t on planned social, economic interventions

The Georgetown Chamber of Commerce and Industry (GCCI) in a release on Friday commended President Irfaan Ali and his government on the economic and social interventions announced in a speech on Thursday, October 10.

 The GCCI views these social policies as reflective of keen focus on citizen welfare, which in turn can yield positive economic impacts through the injection of a significant amount of disposable income into households, reduction in income inequality, and increased employment opportunities and manufacturing prospects in the country. It pointed out that by the middle of this year, Guyana had recorded an economic growth rate of 49.7 per cent, and lauded the government’s focus on aligning this economic development with human development, social inclusivity, and improved standard of living.