Guyana chronicle epaper 11 29 2016

Page 1

Mega solar farm for Mabaruma P.7

No. 104750

TUESDAY, NOVEMBER 29, 2016

Price: $80

(VAT Inclusive)

Budget set at $250B P.3

Water and Sanitation Agriculture $2.8B P.8 $20.6B P.11

Health $31.2B

P.12

Man shot trying to disarm cop

P.12

Public Infrastructure $37.2B 8 P.

Education $43.1B

Public Security $29.1B

P.10

► Economy grew 2.6 per cent; ► VAT cut to $14% ► VAT on electricity consumption in excess of $10,000 per month; ► VAT on water consumption in excess of $1,500 per month; ► Tax breaks on importation of items for wind, solar energy ► Tax exemptions for investment in, and construction of, water treatment and

P.6

Govt, opposition clash over budget See stories on pages 5&12

…sugar not sweet investment, says Jordan

water recycling facilities; ► Income Tax threshold increased to $60,000; ► Corporate Tax rate down 27.5% for manufacturing and non-commercial companies; ► Old Age Pension up to $19,000; ► Public Assistance increased to $7,500


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