The Private Sector Commission (PSC) has given the 2024 budget its stamp of approval while describing it as a testament to the administration’s dedication to fostering economic growth, promoting social development, and ensuring the well-being of all Guyanese citizens.
These remarks were made in a release by the Commission yesterday, where it was also pointed out that the budget which totalled $1.146 trillion, represents the largest allocation in the nation’s history.
The PSC also spoke of the “government’s dedication to economic diversification and sustainability” citing the key highlights of the budget which include the “impressive” 33 per cent growth in Guyana’s real economy in 2023, coupled with an 11.7 per cent expansion in the non-oil sector. These “key highlights” touched on budgetary allocations to key sectors such as agriculture, drainage and irrigation, infrastructural works, small business development, income tax, health, housing, water, and waste management development, and education.
