Latest update August 20th, 2026 10:20 AM
Feb 03, 2026 News
(Kaieteur News) – Excel Guyana Inc., has commended the 2026 National Budget which was presented on January 26, 2026 by Dr. Ashni Singh, Senior Minister in the Office of the President with responsibility for Finance.
Kris Sammy – CEO & Co-Chair of Excel Guyana Inc. said the budget lays a strong foundation for investment, infrastructure, and opportunity, while placing Guyanese people and communities at the center of national development.
“For more than 30 years, Excel Guyana has cultivated partnerships across CARICOM and beyond, and the initiatives outlined in Budget 2026 directly support this mission. The government’s allocations for infrastructure and logistics will not only accelerate construction projects and enhance nationwide connectivity, but also improve access to services, create jobs, and strengthen communities,” the CEO said in a release Monday.
He said the creation of a development bank capitalised at US$100 million will provide vital support to small and medium-sized enterprises, empowering local entrepreneurs to expand their businesses and generate employment. Tax relief in agriculture and agro-processing is expected to open new avenues for farmers and producers, ensuring that Guyanese households benefit from lower costs, stronger food security, and expanded opportunities in value-added industries.
“Equally important, measures aimed at workforce development align with Excel Guyana’s recruitment and Employer of Record services, ensuring that Guyanese workers are equipped with the skills and support needed to thrive in a rapidly growing economy,” the release noted.
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