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Guyana Chronicle E-Paper 28-01-2026

Page 1

Wednesday 28th January, 2026 PRICE

$100 VAT INCLUSIVE

‘This is just the first 03 instalment of real benefits’ No.108057

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–– Budget 2026 puts people first through growth-focused fiscal measures, investments, President Ali

Commonwealth Secretariat embraces Global Biodiversity Alliance

President Dr Irfaan Ali, on Tuesday, met with His Majesty King Charles III at Buckingham Palace, where they engaged in discussions on ongoing collaborations in the areas of environmental protection, biodiversity, and climate action (Office of the Prime Minister)

Outpouring of commendations from private sector, citizens for provisions in Budget 2026 President Dr Irfaan Ali, on Tuesday, met with the Commonwealth Secretary-General, Shirley Ayorkor Botchwey. A key outcome is an agreement to collaborate on strategic initiatives to support the Global Biodiversity Alliance. A Joint Working Team will advance efforts to establish an International Biodiversity Centre of Excellence based in Guyana (Office of the President)

Budget 2026 reflects a ‘human rights based’ approach to development –– Minister Teixeira says 05 PAGE

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12&15

A Closer Look at Budget 2026 Advancing home ownership:

* Continued zero-rated VAT on locally produced building materials * Increase in low-income mortgage ceiling at commercial banks from 20 million to 30 million * Continuation of Steel and Cement Subsidy programme * Allocation of 15,000 house lots across all income categories * Facilitation of construction of 8,000 additional homes in specified schemes * Issuance of over 7,000 titles and transports to give security of tenure and collateral for mortgage borrowing * Direct housing assistance and home improvement programme, including 7.5 billion to support households upgrading their homes


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