Latest update March 20th, 2025 5:10 AM

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

Latest News

Numerically, how many 18 years and older will benefit from the GY$100,000?

Oct 21, 2024 Letters

Dear Editor,

The reconciled matrix of GY$100,000 from the $200,000 axiom now for all over 18 instead of per family is still, sadly, shrouded in mystery.

Annually, a list of all 16-year-old transitioning to 17 then 18 is sent to GECOM. Therefore, a finite % of Guyana’s adult population (18 and over) is adumbrated.

Ergo, the Ministry of Finance can leverage that list from GECOM and quickly arrive at the set figure and multiply by $100,000 to arrive at the dollar figure to be disbursed. Could the Ministry of Finance therefore inform the

Tax Paying Public if the soon to be disbursed figure (GY$100,000 per 18-year-old) equates, exceeds or falls short of the apportioned GY$60 billion?

If it exceeds the GY$60B, where will the excess funds come from? If it falls short, of the GY$60B payout, what plans are afoot to account for the excess from the GY$60B?

Additionally, the Tax Paying Public is still awaiting an explanation as to the source of the original GY$60B announced by the Government of Guyana.

Regards,

Jonathan Subrian, Esq.

Similar Articles

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

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

GPF arrests Presidential Guards by 48 runs as cricket action gets underway 

GPF arrests Presidential Guards by 48 runs as cricket action gets...

Mar 20, 2025

2025 Commissioner of Police T20 Cup…  Kaieteur Sports- Guyana Police Force team arrested the Presidential Guards as they handed them a 48-run defeat when action in the 2025 Commissioner of Police...
Read More
Superbet supports One Guyana 3×3 Quest

Superbet supports One Guyana 3×3 Quest

Mar 20, 2025

FIDE Master Drayton outclasses strong competition to lift title 

FIDE Master Drayton outclasses strong competition...

Mar 20, 2025

Wiltshire, Chris dominoes tourney set for March 23

Wiltshire, Chris dominoes tourney set for March

Mar 20, 2025

Houston Sec’, New Central, Saints sent packing

Houston Sec’, New Central, Saints sent packing

Mar 20, 2025

Charles’ all-round performance helps EBDCA U23 to victory

Charles’ all-round performance helps EBDCA U23...

Mar 20, 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 […]