Economic Growth Must Be Felt by Working People

Dear Editor,

Guyana is experiencing a period of remarkable economic growth, one that many citizens view with hope and expectation. As trade unions, we recognise the importance of sound economic management and we welcome any effort by the government to ease the pressures faced by working people. However, when we examine what the 2026 National Budget offers the labour sector, it is clear that much more is needed to match the realities workers face every day.

The increase in the income tax threshold from $130,000 to $140,000 is a positive step, but for many workers it offers only modest relief. With food prices, transportation, utilities, and rent continuing to rise, this adjustment is quickly absorbed by the cost of living. Workers appreciate the gesture, but they are still struggling to make ends meet.

The return of the $100,000 cash grant and the small increases for community workers will certainly help households in the short term. For families juggling bills, school expenses, and basic necessities, this support matters. Yet temporary assistance cannot replace the need for steady wage growth, secure jobs, and fair working conditions. Workers need policies that allow them to plan for the future with confidence, not just survive from one relief measure to the next.

What is missing from the budget is a clear, long-term vision for labour.

There were no strong commitments to improving wages across sectors, strengthening collective bargaining, reducing job insecurity, or ensuring that workers share fairly in the country’s growing wealth. In an economy that is expanding so rapidly, working people should feel tangible improvements in their daily lives.

Trade unions do not oppose progress — we advocate for inclusive progress. Workers are not asking for special treatment, but for fairness, dignity, and recognition of their contribution to national development. When the economy grows, the benefits should be felt not only in national statistics, but in workers’ homes and communities.

The 2026 Budget offers some relief, but it also represents a missed opportunity to truly uplift the working class. As a nation, we must ensure that economic success translates into better lives for the people who keep Guyana moving every day.

Yours faithfully,

Lorenzo Joseph

Trade Unionist

United Workers Party (UWP) Activist

Region 10