…no measures for ordinary citizens
…$1000 increase for pensioners
…tax exemptions for dentures, electric cars
At $300.7 billion, the National Budget for 2019 was presented on Monday to the National Assembly. But through it all, measures that can directly benefit the small man are noticeably absent.
The only thing that Finance Minister Winston Jordan, who spoke almost uninterrupted for five hours during his budget presentation, announced under ‘measures to increase workers’ income was the increase in the income tax threshold to $780,000 per annum ($65,000 monthly).
This is an increase per month of $5,000, as the salary threshold was previously $60,000. Accompanying this increase was a promise from the Government that it would re-engage the Guyana Public Service Union (GPSU) in negotiations to improve allowances.
