Latest update March 26th, 2025 6:54 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

16,000 workers benefiting from cost-of-living adjustment

Dec 27, 2008 News

Approximately 16, 000 employees, including public servants, teachers, nurses, and members of the disciplined services, have been receiving the temporary cost-of-living adjustment put in place by the Government.
This is according to Finance Minister Dr Ashni Singh, who was asked by Opposition Member of Parliament Volda Lawrence to say how many persons were benefiting from the cost-of-living adjustment, which amounts to $4,000 a month.
The payment of this allowance was first intended to last through the end of the year, and the Government has made no announcement if it will continue to pay the allowance in the new year.
President Bharrat Jagdeo announced the measure in May to help those workers meet the rising cost for food. Government employees whose basic monthly salaries are $50,000 or less were eligible for the allowance.
Dr Singh also pointed out that the Government has made a number of interventions to assist those Government workers.
Among those interventions, he said, was the reduction of the excise tax on fuel in times of increasing fuel prices, zero-rating a large number of basic food items, increasing the income tax threshold from $28,000 to $35,000 at the beginning of 2008, and increasing old age pension by 63 percent and public assistance by 82 percent this year.
Dr Singh said, too, that the Government has provided a substantial cash subsidy to the Guyana Power and Light Inc (GPL) to contain the increase in electricity tariffs, in addition to financing every substantial investment programme in the company.
According to the Finance Minister, the Government has also contained the increase in fees and tolls charged by Government entities for items such as water, ferry and bridge crossings.

Similar Articles

The Glenn Lall Show|| March, 17th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Rotary Club of NA Childhood Obesity Prevention Inter Secondary School Tapeball Cricket begins with two matches

Rotary Club of NA Childhood Obesity Prevention Inter Secondary School...

Mar 26, 2025

Canje Secondary and Tutorial Academy sores victories  Kaieteur Sports- Two schools scored victories when the Rotary Club of New Amsterdam (RCNA) Childhood Obesity Prevention tape ball Inter...
Read More
RS53-ETKEZO Restaurant backs One Guyana 3×3 Quest

RS53-ETKEZO Restaurant backs One Guyana 3×3...

Mar 26, 2025

Pacey McKenzie and Koobir spearheaded RHT Bakewell to two consecutive victories

Pacey McKenzie and Koobir spearheaded RHT...

Mar 26, 2025

Stoppage-time goal seals 3-all stalemate for Ann’s Grove

Stoppage-time goal seals 3-all stalemate for...

Mar 26, 2025

Groups, schedule announced for One Guyana 3×3 Quest

Groups, schedule announced for One Guyana...

Mar 25, 2025

2025 Republic Bank Caribbean Premier League Fixtures confirmed

2025 Republic Bank Caribbean Premier League...

Mar 25, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]