The 2023 Budget receives my stamp of approval

Dear Editor,
Budget 2023 was presented by Finance Minister Dr. Ashni Singh, and I wish to add my few cents on the various aspects of it.
With over seven billion dollars allocated, this year’s budget is Guyana’s largest. What is of significance to me though is the fact that larger sums are geared towards the realisation of major infrastructure projects, such as the new Demerara River crossing and the Wales gas-to-shore energy project, which when completed would not only be transformative, but would free up significant fiscal space to allow for spending in other areas.
I am happy that Government is fulfilling its promise of not only returning the school children’s cash grant, but gradually increasing it until it reaches $50,000. This year, public and private school students would each receive $40,000 in total.
This, together with the increase in the income tax threshold, adjustments to the salaries of Public Sector workers, increases in old-age pensions and public assistance, would provide more disposable income and support to the beneficiaries.
The long-term goals of this budget are evident in the allocations in areas such as health and education. The GOAL scholarship received more sums, and the focus on education is noteworthy and commendable.
Upgrading and construction of new health facilities, training medical staff, and procurement of medical supplies and equipment are also commendable.
All in all, in my view, the 2023 Budget is excellent, and the Government therefore receives my stamp of approval.

Sincerely,
Brian Azore