Manufacturers body lauds budget, inclusion of some of its proposals

The Guyana Manufacturing and Services Association (GMSA) yesterday commended the government for its unprecedented $1.1 trillion budget and acknowledged the inclusion of some its proposals.

In a statement, the GMSA said that the announced growth in non-oil real GDP in 2023 by 11.7% has resulted in the expansion of the manufacturing sector by 25% and services by 10.3%.

It stated that continuing development of transformative infrastructure is key to enabling business activity and delivery. Such key infrastructure it said include enhancements to the energy grid such as the Gas-to-Energy project and solar and hydro initiatives.