– will be done periodically
The $100,000 per adult citizen grant will be done mostly by cheques to ensure better transparency and record keeping, Vice President Bharrat Jagdeo yesterday said as he announced that citizens can expect future periodic payouts.
“This is going to happen periodically in the future. It is not going to be a recurring thing every year as they are saying. It is dependent on affordability because we don’t want to become like some other countries that distribute money only and then they collapse some years later,” Jagdeo told a press conference he hosted at Freedom House, Robb Street, Georgetown.
“We are thinking about this. It is a sustainable thing for us. We can do this periodically – give our people some money and still do the infrastructure … balancing the interest. You don’t have to do one at the expense of the other. Our people can benefit, that is what we are about; balance in a sustainable way,” he added.
