Sharp cut in cost of living through energy, housing & transport interventions – Pres. Ali on 2nd term plans

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President Dr. Irfaan Ali pledged significant interventions to tackle the cost of living over the next five years, with a focus on essential services such as energy, water, transport, food, and housing.He was addressing the country in a live broadcast on Facebook on Sunday.With a clear priority on affordability, the President announced:A 50% reduction in the cost of electricity and cooking gasNo new taxes or tax increases in the next termFree water and healthcare services, especially for the vulnerableExpansion of free education and removal of all associated school costsFree transportation support for pensioners, schoolchildren, and hinterland residentsPresident Dr. Irfaan Ali“Cooking gas is not a luxury—it’s an essential service,” Dr. Ali said, revealing plans to reduce a cylinder of cooking gas to $1,000.Transportation costs will be tackled through new ferries and cargo boats, subsidies for farmers, and regional ferry infrastructure. Free transport for students and the elderly, and new market access routes, are also part of the national plan.He reiterated that the reduction of these essential living costs is not just a welfare matter, but a long-term economic strategy: “When we cut these costs, we lift families. When we lift families, we grow the nation.”The post Sharp cut in cost of living through energy, housing & transport interventions – Pres. Ali on 2nd term plans appeared first on News Room Guyana.