In a promising address on the eve of Guyana’s Independence Anniversary, President Dr. Irfaan Ali outlined his commitment to enhancing the nation’s economic landscape through significant job creation, tax reductions, and an overall vision for sustained growth. He noted that while rapid development is currently underway, there is still much more to be accomplished for the citizens of Guyana.
The President emphasized the importance of transforming the financial sector to foster greater financial inclusion and independence, aiming to boost disposable income for all, especially vulnerable groups like children, women, and the elderly. Plans include innovative reforms in the financial system, legislation for capital deployment at all community levels, and simplifying vehicle ownership.
Additionally, he highlighted necessary tax reforms that would deepen economic expansion, alongside the introduction of a digital payment system to facilitate smoother business operations for all Guyanese.
Describing the nation’s journey as a collective effort, President Ali urged citizens to unite toward a shared vision of a developed Guyana, ensuring that progress does not leave anyone behind. He spoke of educational and healthcare improvements essential for establishing Guyana as a leader in these sectors, aiming to attract international students and foster medical tourism.
As Guyana embraces its transformative journey, the President reaffirmed the need for continual dedication to building a resilient economy beyond just oil and gas, aiming for diversification across all sectors.
Source: guyanachronicle.com
