$220B budget unveiled

Government yesterday unveiled a $220 billion budget with a whopping $6.9 billion in power subsidies, $6 billion for the troubled sugar corporation, $500 million to clean up Georgetown, bumped up concessions for the elderly and parents but no new income tax relief.

Budget 2014 is $11.2 billion larger than last year’s and has no new taxes. It is themed `A better Guyana for all Guyanese’.

The budget was presented to Members of Parliament (MPs), minus Alliance for Change members who walked out since they charged they were not included in the preparation  …..To continue reading, login or subscribe now.

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