An improvement of $3 million has been made to the Budget allocated to the sport sector in 2024, as announced by Senior Minister with Responsibility for Finance, Dr. Ashni Singh, during the reading of the National Budget on Monday.
During his presentation of the 2024 Budget at the Arthur Chung Conference Center (ACCC) at Liliendaal on Monday, Dr Singh revealed that a whopping $4.6B has been allocated to sport – continuing in the trend of gradual improvements being made on monies allocated to sport since 2021.
Of the major revelations that Dr Singh made for the sport sector, the most prominent is the construction of yet another international standard, world-class stadium, this time in Region 3 (Essequibo Islands-West Demerara).
Singh told the National Assembly, “We’re constructing two major international stadiums at Palmyra in Region 6 and at Crane in Region 3. Work has already commenced at Palmyra.”
Falling in line with infrastructure for yet another year, allocations have been made for the enhancement of community grounds around the country.
“We’ve also been upgrading grounds throughout the country, with $1.2 billion already expended on over 250 grounds across the ten regions of Guyana; and in 2024, a further $1 billion has been allocated to continue this work on upgrading our grounds,” Singh revealed in his presentation on Sport’s allocations.