In a significant national address delivered Wednesday evening at the Arthur Chung Conference Centre in Liliendaal, President Irfaan Ali unveiled substantial economic measures that will directly impact Guyanese citizens. The centerpiece announcement confirmed that all Guyanese citizens aged 18 and above will receive a cash grant of GY$100,000 (approximately US$480), with funding allocated in the forthcoming 2026 national budget.
During his comprehensive two-hour presentation to diplomats and senior government officials, President Ali emphasized that cash transfers serve as crucial instruments for achieving specific policy objectives. He further indicated that additional cash grants would be distributed throughout his five-year presidential term, though specific details and timelines were not fully elaborated.
The announcement follows previous campaign trail promises made during the 2025 general election, where President Ali had suggested citizens might receive Christmas holiday cash grants conditional on good behavior. The delayed implementation has sparked speculation within political circles, with some observers suggesting the administration may be avoiding parliamentary procedures that would involve interaction with opposition figures.
Notably, the main opposition WIN party leader Azruddin Mohamed and his father currently face extradition proceedings to the United States over alleged financial crimes. House Speaker Manzoor Nadir has yet to convene a meeting for Mohamed’s constitutional election as Opposition Leader, a position that Attorney General Anil Nandlall believes could potentially harm Guyana’s international reputation.
In parallel developments, President Ali announced substantial wage increases for government workers, who will earn GY$50,000 monthly beginning next year. The administration also revealed ambitious plans to establish tax-free special development zones nationwide, strategically designed to boost employment in non-oil sectors through import substitution initiatives. These zones will specifically target regions with high unemployment needs while promoting economic activities that generate export earnings or reduce import dependency.
The precise locations for these development zones will be formally identified in the 2026 budget presentation. Additionally, the government committed to providing financing programs for Amerindian communities to enhance housing quality and infrastructure development.