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2nd year in office: Gov't commits to providing more measures to cushion rising cost of living

On August 2, 2020, the People’s Progressive Party/Civic (PPP/C) officially took on the mantle of Government.

In a statement to mark the anniversary, the Government has outlined the numerous achievements of the past two years and has further committed to improving the lives of all Guyanese, especially in light of rising costs caused by inflation.

The COVID-19 pandemic and the ongoing war between Russia and Ukraine have posed inflation challenges in many countries worldwide, and Guyana was not spared.

But despite the challenges, the party assured that “the Government is committed to monitoring prices and is prepared to undertake more interventions to cushion the effects on citizens.”

This is not the first time the party has made such a commitment. In fact, since assuming office, the PPP/C Government has made interventions to remove several taxes that the previous administration levied, the statement said.

In response to the COVID-19 pandemic, the party issued cash grants to all Guyanese, while farmers, entrepreneurs, persons with permanent disabilities, and those receiving dialysis treatment benefited from larger grants.

Interventions have also been made to stabilise the cost of basic food items and fuel as Guyana, and the rest of the world grapples with inflation driven by external factors of COVID-19 and the Ukraine war.

Additionally, the Ali-led administration boasts of the economic and social transformation that Guyana has undergone within the two years. This, they said, will see the empowerment of every citizen in every part of the country.

Specifically, in the social services sectors, the Government has also kept true to the election manifesto promises, which include the allocation of 50,000 houselots and increasing the ‘Because We Care’ cash grant to $30,000.

Under the Irfaan Ali-led Government, a significant transformation has been made in the housing, education, and health sector over the years, and many infrastructural enhancements have been undertaken.

Also, the diversification of the agriculture sector has been prioritised for the transition to more large-scale and scientific approaches to crop production and animal husbandry.

Moreover, the value-added aspects of the industry rooted in agro-processing have already begun blossoming in several areas, including fresh milk production.


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