The Guyana government says public servants will from January 1 next year, receive the promised increase in salaries.
Last year, 54,000 public workers, including teachers, members of the disciplined services, and government pensioners benefitted from a 6.5 per cent retroactive salary increase, placing an additional GUY$7.5 billion (One Guyana dollar=US$0.004 cents)in disposable income.
Members of the Disciplined Services and civilian members of the Guyana Defence Force (GDF) also received a one-month tax-free bonus.
Guyana's vice president Bharrat Jagdeo said that the increase will be paid in the public servant’s December salary, adding “it will be before the end of the yea”.
He said in addition, they will receive the GUY$100,000 cash grant, previously announced by President Irfaan Ali.
Meanwhile, the initial distribution process of the GUY$100,000 one-off cash grant is expected to result in about 300,000 Guyanese receiving their cash grants before the end of the year.
“The technical team has said that they can get about 300,000 persons registered before the end of the year. They told me they can cut about maybe 20,000 checks per day. They have built a system now to do that,” Jagdeo said.
Public servants and pensioners are priority targets, with the government aiming to distribute checks to these persons before the end of the year.
“We had already explained that it will take us about five months to complete the task. We are trying to hurry this up so that we could at least get the public servants and the pensioners completed before the end of the year. We may be able to do that and then a number of other people who are registered,” Jagdeo added.
He said that while some persons may receive their cash grants in the new year, he is nonetheless assuring that every eligible Guyanese will receive the cash grant, as promised.
On Wednesday the National Assembly approved a GUY$30.5 billion supplementary provision for the distribution of the cash grant to every citizen 18 years and above.
The government has announced several measures to govern this initiative with the first step being the registration exercises where each community will have a registration schedule, with the second stage being the verification of the registrants, followed by the cutting of checks.
A distribution schedule will then be published, and these cheques will be disbursed in the same locations where registration occurred.
Since assuming office, the administration led by President Irfaan Ali has implemented a suite of measures to increase disposable income for Guyanese.
Over 200 taxes and fees by the previous government were removed, including VAT on water, electricity, and basic food items.
Other measures include the removal of excise tax on fuel, which saves consumers more than $90 billion annually, the increase in the low-income mortgage loan ceiling, and the removal of taxes on date for residential and individual use.
Last year, a $5 billion cost of living allocation saw public servants, teachers, and members of the disciplined services, as well as staff of semi-autonomous agencies and public enterprises, receive a $25,000 one-time tax-free cash grant in December 2023, a $1.7 billion investment.
“This is how we are promoting prosperity, ownership, distribution of wealth. This is how the resources and revenue of this country are being spent every single day to lift the lives of people, to expand national wealth, coastal wealth, and community wealth. This is what the People’s Progressive Party/Civic Government is about,” the Guyanese head of state said.
Speaking at a news conference last month, Jagdeo, who is the general secretary of the People’s Progressive Party (PPP), said Guyanese residing overseas who have a Guyanese passport or ID are entitled to receive the $100,000 cash grant.
To better serve the Guyanese, President Dr. Irfaan Ali announced that the government would be moving forward with a $100,000 one-time cash grant initiative instead of the $200,000 one-time cash grant per household. This was because some households may have experienced internal conflicts, among other things. (CMC)