President announces cash grants, free electricity for vulnerable groups

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President Dr Irfaan Ali

President Dr Irfaan Ali moments ago announced new measures aimed at improving the lives of vulnerable groups in Guyana.

The first measure is a one-off cash grant of $25,000 to all pensioners. This measure will benefit almost 65,000 persons and will place a total of $1.6B of disposable income into the hands of the elderly population.

The second measure is a one-off grant of $25,000 to all public assistance recipients and persons living with disabilities. This grant will benefit about 25,000 persons, and place more than $600 million of additional disposable income in their hands.

The other measure is one-month free electricity for households consuming not more than 75 kilowatt per hour a month. This measure will benefit some 40,000 households.

In total, these measures will place $2.6B worth of additional support to vulnerable groups, President Ali said.