House approves $1.558 trillion budget

Parliament on Friday approved the 2026 National Budget, totalling $1.558 trillion, after Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, successfully piloted the legislation through the National Assembly.
It is the first budget under the People’s Progressive Party/Civic (PPP/C) government since the September 2025 elections and the sixth presented by Dr. Singh since the PPP/C returned to office in August 2020.
During his presentation on January 26, Dr. Singh said Budget 2026 is “firmly grounded in the 2025 Manifesto which we presented to the Guyanese People last year, and on the basis of which we scored the landslide victory we won at the 2025 General and Regional Elections.” He added that the budget follows the government’s theme of “Putting People First,” with policies and programmes aimed at improving the lives of all Guyanese.
Budget 2026, like previous budgets since 2020, was fully financed without new taxes. The plan continues to prioritise social protection, increases in household disposable income, and investment in transformational infrastructure, energy, education, health, housing, water, and agriculture, while maintaining a resilient macroeconomic framework.
Key allocations include:
* $196.1 billion for roads and bridges
* $183.6 billion for education
* $161.1 billion for health sector modernisation
* $159.1 billion for housing
* $119.4 billion for energy, including transmission and distribution upgrades
* $113.2 billion for agriculture and food security
* $100.3 billion for public security
Dr. Singh told Parliament that the government would work continuously over the next five years to ensure that “everything that we do as a Government results in an identifiable improvement in Guyanese lives or in an identifiable creation of opportunity for Guyanese nationals.”