…provided that they work for under $500,000 per month
By Ramona Luthi
Finance Minister, Winston Jordan in concluding his contribution to the Budget 2017 debates, which ended today, announced that all public servants who work for less than $500,000 per month will be paid a $25,000 tax free bonuses for the Christmas season.
This announcement comes on the heels of the Government first announcing that public servants could not be paid a bonus since they did not have enough funds to facilitate it.
Just last month, Opposition Leader Dr Bharat Jagdeo had called on the Government to provide the conventional one-month tax-free bonuses to members of the Disciplined Services, and all other public servants – as well as those workers in the sugar sector.
Jagdeo was adamant that there is capacity within the Government via the Treasury to facilitate this, as was evidenced from its recent transferal of $8B from the accounts of Guyana Geology and Mines Commission (GGMC) to the nation’s Consolidated Fund, a transaction which Jagdeo said was done in secrecy.