Budget 2026 consultation heats up as Finance Minister meets private sector

Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, on Saturday, met with representatives of the private sector at the Ministry of Finance in Georgetown, where stakeholders raised and discussed issues as the government intensifies preparations for Budget 2026.

In his remarks, Minister Singh used the opportunity to reiterate the government’s appreciation for the strong collaboration and ongoing engagement with the private sector over the years.

Participants included senior representatives of the Private Sector Commission, Georgetown Chamber of Commerce and Industry, Women’s Chamber of Commerce and Industry Guyana, Tourism and Hospitality Association of Guyana, Guyana Manufacturing and Services Association Ltd., Guyana Association of Bankers, and the Guyana Gold and Diamond Miners Association.

Also attending were Guyana Revenue Authority Commissioner-General Godfrey Statia and senior officials from the Ministry of Finance.

Dr. Singh told the representatives that the People’s Progressive Party/Civic (PPP/C) government is committed to maintaining an environment that is conducive to increased private investment, job creation, and income generation.

The Minister further elaborated that “we want more people working, earning, accumulating savings, and wealth, investing and prospering,” and expressed that the government, under the leadership of President Dr. Irfaan Ali, remains committed to doing all that is necessary to ensure that Guyana remains an attractive destination for diversified private investment.

During the meeting, representatives from the private sector expressed appreciation for the government’s continued engagement with the sector and recognised the government’s efforts to drive economic transformation and foster a more competitive business environment.

The sector also reiterated its commitment to working with the government to continue developing the country’s economic potential.

This year’s Budget will be the first Budget presented to the National Assembly following the PPP/C’s re-election to office following the September 2025 General and Regional Elections. Last year, the country saw a staggering $1.38 trillion Budget.

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