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Tag Archives: inflation

$2,000 bill goes into circulation very soon

Guyanese will soon have a $2,000 bill to spend, Governor of the Bank of Guyana Dr. Gobind Ganga confirmed on Friday. He said the new currency note would go into circulation in few weeks after all of the administrative procedures such as publication in the Official Gazette, alerting the public about the security features and presenting one of the notes ...

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Income tax threshold increases, higher pension, school children grants, measures to reduce cost of living announced

Guyanese who earn $75,000 per month or less will no longer have to pay income tax. Finance Minister Dr Ashni Singh made the announcement in his 2022 National Budget speech. “In this regard, we are proposing to increase the monthly income tax threshold from $65,000 to $75,000 monthly, thereby releasing a total of $1.3 billion into the hands of current ...

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