President Dr Irfaan Ali moments ago announced new measures aimed at improving the lives of vulnerable groups in Guyana.
The first measure is a one-off cash grant of $25,000 to all pensioners. This measure will benefit almost 65,000 persons and will place a total of $1.6B of disposable income into the hands of the elderly population.
The second measure is a one-off grant of $25,000 to all public assistance recipients and persons living with disabilities. This grant will benefit about 25,000 persons, and place more than $600 million of additional disposable income in their hands.
The other measure is one-month free electricity for households consuming not more than 75 kilowatt per hour a month. This measure will benefit some 40,000 households.
In total, these measures will place $2.6B worth of additional support to vulnerable groups, President Ali said.