-$1b in free fertiliser to be shared to farmers
-VAT to be lifted from concrete board, sheet rock
President Irfaan Ali yesterday announced a homebuilder’s agency to help those with house lots to get their homes constructed and to assist with access to financing.
This sweeping new initiative was announced together with measures to ease the cost of living which will see a one-off $25,000 payment to riverain and hinterland households, the distribution of $1b worth of free fertilisers to farmers and the removal of VAT from sheet rock and concrete board.
The one-off payment and fertilisers will be financed from the $5b allocation in the 2022 budget to ease the cost of living. These two measures will cost $1.8B.
