Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, has announced that the government will commence distributing the $100,000 cash grant to citizens in Guyana.
The distribution will commence with public servants who already receive salaries through bank accounts.
“The first cohort will comprise those central government employees who have previously provided their bank account information and are receiving their government salaries into their bank accounts,” Dr. Singh noted.
He added, “We anticipate that these government employees will receive their $100,000 cash grant by the end of next week, and we will be following up with subsequent cohorts of eligible beneficiaries thereafter”.
The payout through the banking system is consistent with President Dr. Irfaan Ali’s previous announcement encouraging all citizens to open bank accounts as part of the government’s digitisation agenda.
With active bank accounts, the government would be able to transfer cash grants swiftly, securely, and efficiently, as is being done with the disbursements to central government employees.
“A central pillar of this initiative is to promote financial inclusion. This is why we are urging all Guyanese to utilise the formal banking system,” Minister Singh stated.
“To initiate a seamless distribution, we are leveraging existing financial infrastructure by directly depositing the grant into the accounts of about 50,000 public servants, teachers, and members of the Disciplined Services by next week. It is our intention that this efficiency encourages the wider public to embrace modern banking.”
To enable the disbursement of the grant to other citizens, the government will launch an online digital platform, to be announced in due course, to facilitate the registration of all other eligible beneficiaries, with guidance on the use of the platform.
In anticipation of the rollout of this cash grant, the Ministry of Finance has been working with financial institutions to simplify the process of opening bank accounts and to facilitate opening them online.
In its 2025 manifesto, the People’s Progressive Party Civic (PPP/C) government pledged to further promote financial inclusion amongst citizens and make financing more easily and affordably available to Guyanese businesses, especially small and medium-sized enterprises (SMEs) and households, with the objective of fostering a more inclusive financial system.
The aim being to empower all Guyanese citizens to access financial systems and participate in saving and investment opportunities across the country.
In recent years, a number of interventions were implemented, including distributing cash grants for newborn babies, cash grants (which increased each year) to students in both public and private schools, more than doubling the old-age pension, and increasing public assistance, among other measures. New measures, including transportation grants for students and pensioners, were announced this year.
In late 2024, the PPP/C Government initiated the first $100,000 National Cash Grant for every Guyanese citizen aged 18 and older, resulting in the transfer of more than $60 billion in disposable income into the pockets of over 600,000 Guyanese.
Citizens aged 18 years and older in Guyana will once again now benefit from this second $100,000 National Cash Grant this year. When completed, a total of over $60 billion is expected to be transferred to these citizens.
This current initiative represents the third major cash grant initiative rolled out by the PPP/C government, with the first cash grant of $25,000 per household initiated when the PPP/C resumed office in 2020, during the COVID-19 pandemic.
