Over the last five years, taxpayers funded more than $1.1 trillion in government spending, each year pumping more money into the government coffers than the previous year. Despite this, taxpayers received less and less in return. The government unable to use taxpayers’ money to improve the economy and create opportunities for families and businesses to succeed. Moreover, its budget and policies undermined growth and began to reverse decades of positive economic momentum and social and economic progress. Government officials must start making better investment decisions to ensure taxpayers get a good return for their hard-earned dollars.
Budget decisions should reflect our collective values, priorities, and needs. Thus, putting together a budget should be based on evidence and facts. The Budget & Policy Institute works to make budget decisions — and the budget process itself — more accessible and easier to understand, so as to encourage citizens’ participation in the debate and foster policies that work for all Guyanese, especially low- and middle-income individuals and families.