Opposition Leader, Dr. Bharrat Jagdeo has announced that he will support the Government in any decision to reduce taxes, in particular the Value Added Tax (VAT), which he feels should be reduced from 16 % to 12 %.
Jagdeo made the call during his weekly press conference at Freedom House today.
He noted that though the PPP/C was not given an opportunity to participate in consultations on the National Budget, the reduction of taxes, which was an APNU/AFC campaign promise, can bring significant relief to the Guyanese public.
The Opposition leader also implored on Government for the reduction of fuel and electricity prices, given the fact that oil prices are significantly low on the world market.
With Budget 2016 presentation being just two days away, Jagdeo has indicated that he expects a substantial increase in the salaries for public servants and the pensions for the elderly population.
He noted that he is also expecting to see considerable measures in place to support the productive sectors including mining and agriculture.