-does not rule out another payout
President Irfaan Ali on Friday acknowledged that the $100,000 cash grant rollout is going slower than expected because of verification checks and complications but he also held out the prospect of another payout next year.
“This is an investment we are making in the human capital so that they can take this resource now and they can come together as families. You can come together as communities and create wealth… use this as an investment platform to grow your net income, to grow your net worth, to create new wealth, to create new opportunity,” Ali said when asked by the Sunday Stabroek about similar grants next year when he appeared on the second episode of his ‘In the Seat’ panel interview.
“When you take it from the individual level to the family level, to the community level, then you understand the comprehensive holistic impact, it can have on individual wealth creation, community wealth creation and national wealth creation. And we [government], in the [2025] budget, we will determine what are the next opportunities of wealth creation; how we going to further support vulnerable groups,” he added.