104,000 new jobs created between 2020 and 2024 – President Ali

…says thriving Guyana at 56 positioned for high-skilled economic future

President Irfaan Ali has said that Guyana has recorded a surge in employment, with more than 104,000 new jobs created between 2020 and 2024, placing greater disposable income directly into the hands of citizens and positioning the country to lead in the next phase of global economic transformation driven by high-skilled and higher-paying opportunities.

He noted that this growth has put disposable income directly into the hands of citizens and emphasized that these developments will drive the country’s future and economic progress.
According to the President, the creation of new, high-skilled, and higher-paying jobs is central to positioning Guyana at the forefront of the next phase of international change and transformation.
“Between 2020 and 2024, more than 104,000 new jobs were created. Never in our history has there been such a surge in employment, placing disposable income directly into the hands of our people, that is what will drive the future, that is what will drive our economy. That is where the new jobs, the high-skilled jobs, and the higher-paying jobs will be created, and we are positioning our Republic to be in front of this phase of international change and transformation.”
During his address, the Head of State emphasized that his administration does not subscribe to what he described as “economic magic,” stressing that national development is not achieved through wishful thinking but through deliberate investment in people and long-term planning.
“We do not believe in economic magic. We do not wave a wand and pretend things will be hunky-dory. That is the stuff of fairy tales. We believe in the power of the human hand, the Guyanese mind, and a national spirit — a tomorrow that is future-proof. Building future sectors with today’s investment, creating an environment that fosters innovation, creativity, and human ingenuity — that is what will drive the future. That is what will drive our economy. That is where the new jobs, the high-skilled jobs, and the higher-paying jobs will be created.”
He also declared with confidence that Guyana is thriving, describing the Republic as strong in its foundations, bright in its promise, and steadfast in its purpose. He said the country’s economy continues to soar at a time when many nations are grappling with stagnation.
“I stand before you to declare with confidence and with pride that our Republic is thriving. It is a Republic that is robust in its foundations, radiant in its promise, and resolute in its purpose. It is a Republic that is in good hands. Look at our booming economy, where some nations see stagnation — we are soaring. And even more commendable is that this growth has been broad-based. It is not just one sector lifting the rest. It is a symphony of industry playing in perfect harmony, while our oil and gas sector rightfully garners attention.”
The president stated that the nation is becoming safer and more secure, emphasizing that a country cannot build its future while fear exists at its borders. He highlighted that the men and women in uniform remain vigilant, their capabilities strengthened with unprecedented resources.