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Pres. Ali promises workers investment incentives at Labour Day brunch
(Kaieteur News) – President Irfaan Ali on Friday promised that workers will soon be able to benefit from specific mechanisms that will allow them to invest in and own shares in major national projects, including the gas and fertiliser plants currently in development.
The president spoke at a Labour Day brunch which also saw the attendance of leaders of labour unions, including the Guyana Agricultural and Workers Union (GAWU), Federation of Independent Trade Unions of Guyana (FITUG) and others.
President Irfaan Ali
“I want to say that we will continue to have and create systems for open and social dialogue because it’s important for us to sit together,” he affirmed.
“Social justice is when we develop programmes that are across the board,” he said, “whether it’s the old age pension, the children uniform grant… We have to… carve out… a specific programme through which our workers can own things.”
The president also turned his attention to what he described as an often-overlooked dimension of the labour movement, life after retirement.
He told workers that retirement represents the true measure of a society’s commitment to its workers.
To this end, he highlighted ongoing investments in old-age pensions, retirement infrastructure, dialysis care, cancer care, diabetes management, and recreational facilities as part of a broader effort to ensure workers retire in comfort.
The president cited the soon-to-be-launched Guyana Development Bank as a vehicle for workers to transform ideas into businesses and diversify their income beyond structured salaries.
He also highlighted how investments in infrastructure are generating real wealth for working families, but stressed the need for unions to collaborate with workers to “deploy this additional value.”
“We love our nurses, our doctors, our medical technicians, our farmers, every single one of our… public servants, our private sector employees,” he expressed. “But this is a moment in our history when what is ahead of us requires… us understanding the moment before us and positioning ourselves in that moment of transformation,” Ali stated. (Adapted from DPI).
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