Of the $72.2 billion allocated for the housing and water sectors, $54.5 billion was set aside for housing development in new and existing areas across the country. This was announced by Finance Minister, Dr Ashni Singh during his 2023 Budget presentation on Monday.
The money will be used for development in new and existing areas, including the construction of roads, drains, and bridges and the installation of utilities to meet housing demands. Areas will include Mabaruma, Oronoque, Buxton/St Joseph, Stewartville, Wakenaam, Block A & B Hope, Success, Balthyock, and No 75 Village. The Government will also undertake infrastructural works in regularised areas, such as Charity, Tuschen, Chateau Margot, Block SS Sophia, Belvedere, and Amelia’s Ward.
Since taking office in 2020, the Government has allocated over 20,000 house lots in new and existing housing schemes across Guyana.
Leave Your Comment