There has been a debate for months over whether direct cash transfers ought to be given to citizens from the proceeds of oil production. Last evening was the first time that a plan was announced by the President that would see such a move.
At an election campaign stomp at Anna Regina, a town on the Essequibo Coast, Granger told the crowd that the APNU+AFC coalition does not want to put oil money into the pockets of rich but rather, into the homes and households of the ordinary Guyanese.
“We don’t want to put oil money into the hands of rich people. We want to put money into the hands of your homes, your households and that is why Cabinet has deliberated. We are going to ensure that every family that gets children to school to get a cash grant to keep that child in school. The money will be coming to you. It’s your money,” he told a large throng of supporters in what is historically regarded as a stronghold of the opposition People’s Progressive Party (PPP).
The move, he explained, will form part of his decade of development which will also focus on several areas of development for the country.
Both APNU+AFC and the PPP have also promised a return of free education from nursery to university.
Granger has already promised in his New Year’s address “tuition-free education for eligible students at the University of Guyana.”
Guyana stands to benefit from billions of dollars in earnings from the oil sector. Oil production started just one month ago and the country’s economy is set to grow by more than 80% this year.
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