The Government’s budget for 2019 continues a disturbing trend and vision for Guyana’s future. Despite promising “a good life” for Guyanese, the budget continues to shape a future in which the government is not accountable to taxpayers, where corruption and political nepotism are entrenched, and future oil revenues benefit only the governing political class. More troubling is that taxpayers’ money is used to pay for the government’s priorities at the expense of their own livelihood and success. Fortunately, there are common sense policies that can make the economy work for everyone and put it on a sustainable path.
Our country is diverse, blessed with an abundance of natural resources, strategically located, and full of untapped potentials. Yet, far too many hard working Guyanese live in poverty, cannot afford to send their children to school or invest in their future, have low-paying jobs, and are less hopeful about ever escaping the vicious cycle of poverty. Through our analyses of employment, incomes, and overall economic security, the Budget and Policy Institute seeks to highlight policies or a lack thereof that may be contributing to such poor outcomes and potential policy approaches for helping low- and middle-income Guyanese to succeed.