By Jomo Paul
[www.inewsguyana,.com] – Finance Minister, Winston Jordan has announced that the new APNU+AFC government will be moving to introduce the Fiscal Budget for the year 2015 on August 10.
Jordan made the announcement on Thursday, July 30 during the 5th sitting of the 11th parliament. The budget, which is not expected to be a huge one will propose a slew of reforms to jumpstart Guyana’s economy, provide jobs, wage increases and a stimulus package for the private sector.
The budget will also propose a subsidy to the Berbice Bridge so as to successfully see the lowering of tolls, as was promised by the APNU+AFC on the campaign trail.
The Private Sector Commission (PSC) is pushing for the APNU+AFC government to slash a slew of taxes, during consultations with Minister Jordan to discuss private sector proposals for the upcoming budget.
The consultations centered on a number of issues of concern to the private sector as these relate to infrastructure, energy, the environment and taxation, the sugar and rice industries, the economy and information and communication technology.