Prime Minister (PM) Mark Phillips has said that that an estimated 14,000 additional Guyanese who recently reached the age of 18 will qualify for the Government’s upcoming $100,000 cash grant. The disclosure was made on Monday in the National Assembly as the House sat as the Committee of Supply to examine Budget 2026. Phillips explained that more than 600,000 individuals were registered under the first phase of the cash grant programme, which was rolled out over a year ago.
Prime Minister Mark Phillips
The cash grant distribution is expected to begin shortly after the budget receives parliamentary approval. During the deliberations, questions were raised by A Partnership for National Unity (APNU) Member of Parliament Vinceroy Jordan regarding the basis used to determine the $100,000 payment amount. Jordan cited current economic pressures and the cost of living, asking what analysis supported the continuation of the figure into 2026. PM directed attention to the national budget presentation delivered by Finance Minister Dr Ashni Singh, noting that the speech outlined a range of initiatives aimed at easing financial pressures on citizens.
Phillips said the cash grant forms part of a broader package of measures designed to provide economic relief and promote shared prosperity, adding that the budget contains several other interventions addressing household and national economic concerns.
According to the PM, the existing beneficiary database will undergo verification to remove the names of deceased persons. Once this process is completed and new eligible recipients are added, the total number of Guyanese aged 18 and older who qualify for the payment is projected to rise to 716,261.
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