The PPP/C Government has implemented a series of measures to mitigate the impact of the high cost of living for citizens in Guyana, resulting in the country’s inflation rates being below the regional average, despite facing a challenging and rapidly expanding economy. Vice President and People’s Progressive Party Civic’s (PPP/C) General Secretary, Dr Bharrat Jagdeo highlighted initiatives such as the annual absorption of fuel and water charges and fuel subsidisation costs for the Guyana Power and Light (GPL) Incorporated. As countries worldwide experience a surge in the costs for these basic amenities, Jagdeo said the situation in Guyana is less direct due to direct government interventions.
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