The Georgetown Chamber of Commerce and Industry (GCCI) has come out in support of the National Budget 2024 of $1.1 trillion and says it represents an increase in support for the citizenry, social services, infrastructure, and opportunities for the private sector.
The Chamber said in a release that the budgetary measures centred on the thematic areas of an ease in the cost of living, support for the vulnerable, increase in disposable income, and addressing National Insurance Scheme issues. It also highlighted the measures to contain the cost of fuel, reduce the freight charges which were described as being of continued importance to the private sector. “These policy measures are timely as they ensure that there is a mitigation in the global inflationary pressures which can have damaging pass-through effects to Guyanese enterprises and citizens at large.”
