Guyana should implement CASH TRANSFERS to Households from 2023

With the totality of my Global experiences, travels and observations to eighty countries on five continents, with residence in Kuwait, and conferences for Islamic Development Bank (IsDB 57 Nations), Organization of Islamic Cooperation (OIC 57 Nations), do strongly recommend to the Government of Guyana for 2023, for EACH HEAD OF HOUSEHOLD USD $1,000: ( One Thousand) as a start, through Head of Households BIOMETRIC CARDS for Identifications, for the withdrawals, from Banks, with an “ arm’s length transaction”. These payments to be listed in the Ministry of Finance, website for Transparencies, Practicing Democracy and Equal Treatment to all heads of households.  With all due respect, His Excellency Hon. Minister Dr. Ashni Kumar Singh, should secure Cabinet’s approval and include in the 2023 Budget, and for wire transfers to head of households’ bank accounts.

Year 2021 Guyana received in the National Resource Fund (NRF)USD $607 Million. The NRF Act 2021 came into operation on 1st January 2022, and as part of the Budget 2022 process, Parliamentary approval was granted for a total of US$607.6 million to be transferred during fiscal year 2022.Stabroek Block with an estimated 10 billion oil-equivalent barrels, with Lisa Destiny the first Floating Production Storage and Offloading (FPSO) vessel, which began production in December 2019, and with the increase in oil prices, Guyana’s revenues will be in the muti-billions US dollars.

Guyana’s 210,000 households at USD $1,000: per year will amount to USD $210 Million, for a start, and is doable in oil and gas rich Guyana. These resources’ riches are Guyanese wealth, and they should share in it, equally, and this is, real democracy to share in the wealth given by God Almighty.  For 2022, Guyana’s Natural Resource Fund (NRF) account has already broken the US$1 billion mark, according to the Bank of Guyana (BoG),  at the end of September 2022. Guyana’s Natural Resource Fund Account breaks US$1 billion mark | OilNOW

Kuwait, Qatar, and UAE started their assistances to citizens between two to three years after their oil wealth, blessings and with the Vison, Teams, Plans, Resources, Execution, Evaluation and Leadership”, these countries have achieved remarkable successes, which they all share with their citizens in “ cash transfers.”

KUWAIT for Kuwaitis

Oil & Gas Wealth to Kuwaitis, with ID Cards, which facilitates Automatic, Monthly, Bank Wire Transfers, Male KWD 1,000 = USD $3,270; Female KWD 500 = USD $1,635; and Each Child KWD 250 = USD $818: Kuwait values very importantly its citizens who are the owners of its oil and gas wealth. In addition to free education, health, and heavily subsidized groceries. Kuwaitis pay NO tax.

QATAR for Qataris

Being rich has become a birthright for native Qataris. The government redistributes money from its resources to citizens, resulting in the record $88,221 GDP per capita. They also receive free electricity, health care and other benefits. 500, 000 Qatari Rial (USD $ 136, 750:) annually to citizens. Qatar government provides the following to ALL Qatari citizens, NO tax; Free electricity & water for primary residence; Free healthcare; Free education; USD $3,000 monthly salary for qualified Qataris in need of assistance (elderly, divorced, widow, orphans, etc.); Every Qatari is also guaranteed a job; Plus free plot of land (1,000 SQM = 0.24711 Acres) and QR. 1.2 Million = (USD $ 329, 410) interest free housing loan to be repaid over 25 years with 50%  write off = USD $164, 705) this is for married university graduates. Qataris with less than bachelor’s degree get 60% of the land size and loan. (USD $197,646 write off ).

UAE for Emiratis

With ID card, facilitates, Free LAND, free EDUCATION, free WEDDING, free Hospital care, free FUNERAL paid, including an air-conditioned TENT within 5 hours of death, next to Emirati home. When a child is born parents pay nothing for 9 months; University degree programs are free, upon marriage USD $20,000: for a wedding reception, Grant to build a home with ZERO interest, surgery overseas for free, many discounts and caretaker when sick.

Onward & Upward towards “One People, One Nation, One Destiny.”