Pdf budget 2016 guyana

Budget 2016 to be presented in january finance minister. Economic activity in guyana continues to accelerate ahead of the oil boom. Letter to the women and gender equality commission. Focus on guyanas national budget 2019 stabroek news. Speaker, i rise to move the motion for the approval of the estimates of the public sector and the budget for the financial year 2018 and, in doing so, i wish to indicate that cabinet has recommended that the national assembly proceed upon this motion, pursuant to article 171, paragraph 2, of the constitution of the cooperative republic of guyana. The new public financial management act, 2016 pfma act 921. Coconut festival along with local events countrywide campaign home coming guyana to target guyanese diaspora. The government is finalizing negotiations with the government of china for the construction of the east coast highway, from better hope to belfield. The public stuck lending rates are still too high while deposit rates are extremely low. In collaboration with the idb, the government will, this year, conduct studies and. Estimates of the public sector for the year 2016 volume 3. Budget 20 presented under the theme overcoming challenges together, accelerating gains for guyana espouses its theme through the provision of benefits and support starting from the family unit and weaving its way through the communities and country. Focus on guyanas national budget 2016 stabroek news.

Health programs in guyana are funded by government. To access a portable document format pdf file you must have a pdf reader installed. Speaker, members of this honourable house, i rise in wholehearted support of budget 2018 which is very aptly themed. Budget 2017, building a diversified, green economy. In order to improve the efficiency of administering taxes by the guyana revenue authority, budget 2016 proposed the amendment of the tax act to ensure that prior to the issuance of all licences for public use, including those to conduct forms of trade and business, the applicant complies with his. Jan 02, 2019 editorial government, ministry of finance, news comments off on no stoppage of govts work budget 2019 already passed govt will proceed with programs and projects outlined for fiscal year 2019 dpi, guyana, wednesday, january 2, 2019 citizens are being assured that the apnuafc. Guyanas global commitments to sustainable development have. Since 2016, budget preparation has seen the requirement for sdgs to be.

If you do not already have such a reader, there are numerous pdf readers available for free download or for purchase on the internet. This is a measure of the lack of competition among the banks and the paucity of. Finance ministers budget presentation 2017 file size. The 2015 budget and the people of guyana stabroek news. Jagdeo says visionless budget all about taxes, not jobs or investment. The 2016 budget reverses the fiscal stance, envisaging an overall deficit of 5. A budget which defines the vision, priorities and programs for the prosperity and development of all the people of guyana by a government that is legal, constitutional and democratically elected through free and fair elections, is the only one that will be accepted, he stated. Guyana economic activity in guyana continues to accelerate ahead. Country chapters from the minerals yearbook volume iii. Guyanas budget framework is governed by the fiscal management and. These funds will be used to purchase accessories for a hydrostatic pump that was purchased a few years ago and has never been used because it lacked the necessary accessories. Focus on guyana s budget publication noted another election year budget, this time in 2006, that, it was the third earliest presentation of a national budget since 1993, and comes months before the constitutionally due general elections. Focus guyana s national budget 2019 pre budget comments. In doing so, we will be employing a number of strategic.

Public sector and the budget for the financial year 2019, and in doing so, i wish to. Lastly, we summarize the way forward with regard to fiscal policy in guyana. The build up to budget 2019 was dotted with a number of major events including local government elections, governments assumption of control of the berbice bridge, the presidents health and an opposition motion of no confidence in the government of guyana. But finance minister, winston jordan said that he is particularly pleased that the budget for 2016 can be expected as early as january. Local government elections to be held on march 18, 2016 after 19 years.

Speaker, i rise to move the motion for the approval of the estimates of the public sector and the budget for the financial year 2019, and in doing so, i wish to indicate that cabinet has recommended that the national assembly proceed upon this motion, pursuant to article 171 paragraph 2 of the constitution of the cooperative republic of guyana. Overview the minister of finance, honourable winston jordan, presented the 2019 budget on 26 november 2018 under the theme transforming the economy, empowering people, building sustainable communities for the good life. A fresh approach to the good life in a green economy. The new public financial management act, 2016 pfma act. Speaker, i rise to move the motion for the approval of the estimates of the public sector and the budget for the financial year 2016 and, in doing. Speaker, in my budget 2016 presentation, i had listed a myriad of projects to be funded by the government of guyana and the uk caribbean infrastructure. New infections have increased by 23% and aidsrelated deaths by 33% since 2010 unaids, 2016. This is a measure of the lack of competition among the banks and the paucity of investment option s in the economy. Estimates of the public sector for the year 2016 volume 2. Yesterday, jordan said that consultations were held with various stakeholders on the budget and he is proud of what he and his team at the ministry have been able to accomplish thus far. This administrations approach to governance, to growing the guyana economy, to improving the lives and livelihoods of our citizens no matter where they live.

Equity and quality across regions aims to guide their interventions in 2016. Education minister commissions two new schools in region one. The revised 2019 budget shows total revenue including grant receipts rising by. In the longterm, the guyana government budget is projected to trend around 4. Twelvemonth inflation is expected to remain low at around 2. Estimates of the public sector for the year 2016 volume 1. The objective of the office of the budget within the ministry of finance is to foster strong economic development through effective management of the economy and more specifically public finances.