Tag Archives: cash transfers

The Guyana government on Thursday announced that more cash grants would be handed out to Guyanese while investment in infrastructural development would continue, in stark contrast to President Irfaan Ali’s position against countrywide disbursements more than one year ago. “It’s a sustainable thing for us. We can do this periodically: give our people some money and still do the infrastructure,” ...

Former Foreign Minister Carl Greenidge has confirmed that the Guyana government does not favour direct cash transfers into the hands of ordinary Guyanese on the grounds that it will encourage unemployment, a position that was roundly rejected by Chairman of the Buxton First of August Movement (FAM-Buxton), Professor David Hinds. “I don’t know that one can give a definitive answer ...

The idea of handing out ‘oil money’ to Guyanese continues to get low marks from experts such as Finance Minister Winston Jordan and Investment Fund Manager, David Pollard. Delivering a public interest lecture on the “Impact of Oil Revenues on Guyana” under the auspices of the Guyana Securities Council, Pollard made it clear that cash handouts would encourage laziness among ...

Newly-appointed Public Service Minister, Tabitha Sarabo-Halley says she plans to take the positions of her party, the Working People’s Alliance (WPA), to Cabinet and among her priorities is cash-transfers from oil revenues to the working poor. She said, as WPA Chairperson, she would help to bridge the gap between her party and the coalition government of A Partnership for National ...