Region 3 welcomes Budget 2020

Residents of Region 3, Essequibo Islands/West Demerara are welcoming this year’s budget as it was designed to revitalise Guyana’s economy.

The Government’s $330Billion budget was presented to the National Assembly, on Wednesday, September 9, 2020 by Minister of Public Works, the Hon. Bishop Juan Edghill.  This year’s fiscal package, has been labeled an emergency budget. It was crafted with the people of Guyana is mind and aims to provide a better standard of living for Guyanese across all regions and sectors.

Otis Roberts, a speedboat captain, told the Department of Public Information that the package presented in the National Assembly is different from previous ones. He explained “all Guyanese will be benefiting more.” 

Tom Singh, a farmer from the island of Wakenaam welcomes the removal of Value Added Tax (VAT) from agro-processing chemicals and the many other measures catered for in the 2020 budget. He noted that it will “reduce the cost of production” and put more money back into the farmers’ pockets.

“What this government has done, I feel it will be great ease to the farmers especially this cash crop…. since being in government, I am satisfied with the steps they have taken,” he expressed.

Andy Duncan, a taxi driver noted that the removal of the ban on the importation of vehicles older than 8 years and the reduction of vehicle licenses is a good move by the current administration. According to him, this is will see more persons being able to afford a vehicle.

As Guyana continues to rapidly develop, budget 2020 caters for the expansion of many industries and with that, the creation of jobs across all sectors. Curtis Pollard stated thst as a youth, the recent budget instilled in him hope for a brighter future.

“The Government has fulfilled its promise, this is what the people of Guyana were looking for and now we have hope,” he said.