The Guyana Revenue Authority (GRA) says around 1,207 applications by first-time homeowners under the 2013 Mortgage Interest Relief (MIR) Programme have been approved and it says it wasn’t responsible for the delay experienced by an applicant who complained in a letter to Stabroek News.
In a release on Wednesday, in response to a letter in Tuesday’s edition of Stabroek News by Ricky Roopchand, the GRA said that $165.9M has already been disbursed under the scheme, which was signed into effect by the Finance Minister Dr Ashni Singh in October of 2013, following its announcement in the budget of that year.
When the MIR regulations were announced and signed by Singh, it was stated that some $580M annually would be
