Almost 50,000 public servants to receive $100,000 cash grant in next 24 hours

… Govt is to launch online platform next week for all other eligible Guyanese

Starting today, 48,858 central government employees, including public servants, teachers, and members of the disciplined services, will receive the 2026 National $100,000 Cash Grant, fulfilling a pledge made by President Irfaan Ali in the 2026 National Budget. The payout represents nearly $5 billion in additional disposable income entering the hands of government employees.
Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, said last week that the first cohort of beneficiaries includes those employees who already receive their salaries through bank accounts. “We anticipate that these government employees will receive their $100,000 cash grant by the end of next week, and we will follow up with subsequent cohorts thereafter,” he noted.
During brief remarks confirming that deposits had begun, Minister Singh encouraged citizens to open bank accounts, describing them as the fastest and easiest way to receive the grant. He also highlighted that a new online platform launching next week will allow all other eligible Guyanese to register, complete a simple verification process, and receive their cash grant without leaving their homes.
Eligibility for the National $100,000 Cash Grant requires Guyanese citizenship and age 18 or older as of February 28, 2026; a valid national identification card or Guyana passport; a bank account in the registrant’s name at any local commercial bank and physical presence in Guyana at the time of registration.
The government is using the banking system to make payouts, consistent with President Ali’s digitization agenda. “We are digitizing everything, so I am urging every Guyanese to open their bank accounts. We want every Guyanese to own their own bank account so that this digital transfer would be easy, efficient, and transparent,” the president said recently.
Minister Singh emphasized that active bank accounts allow the government to transfer grants swiftly, securely, and efficiently. “A central pillar of this initiative is to promote financial inclusion. This is why we are urging all Guyanese to utilise the formal banking system,” he added.
The digital registration platform will be available next week, enabling all other eligible citizens to register for the grant. In preparation for the rollout, the Ministry of Finance and the Central Bank have worked with financial institutions to simplify online account openings. Participating banks include Demerara Bank Limited; Guyana Bank for Trade and Industry Limited; Republic Bank (Guyana) Limited and Scotiabank Guyana Incorporated.
On Thursday evening, the finance ministry in a press release said that the initiative builds on previous government efforts to promote financial inclusion. The first $100,000 National Cash Grant in late 2024 saw over $60 billion distributed to more than 600,000 citizens. The current grant marks the third major cash grant program by the People’s Progressive Party Civic, following the initial $25,000 per household grant launched in 2020 during the COVID-19 pandemic.