The increase in salaries to government workers and increases in pensions to old-age persons which represents an additional $13 billion in disposable income injected into Guyana’s economy is only part of Government’s approach to improving the lives of Guyanese.
In a release yesterday, the Ministry of Finance (MoF) said that over 54,000 public servants, teachers, members of the disciplined services, and government pensioners, have received their 2023 increases representing payment of the 6.5 per cent retroactive salary increase which was announced by Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh, on December 10.
The release noted that Dr Singh took time to thank the MoF staff and finance departments of the various government agencies and ministries who worked “tirelessly and diligently” to ensure that the increases were paid out to eligible persons, together with the retroactive amounts, in time for the Christmas season. It was disclosed that MoF also ensured that the 12,000 members of the Disciplined Services along with civilian employees of the Guyana Defence Force (GDF) who for the first time, received the one-month tax-free bonus.
