A country has announced that it will give 478 dollars (more than 132,000 Pakistani rupees) to every citizen. In fact, this amount will be distributed not only to residents of the country but also to its citizens living abroad.
Yes, it’s true—Guyana, a country in South America, has announced that it will distribute the revenue earned from the sale of crude oil among its citizens. All citizens of Guyana aged 18 and above will receive 100,000 Guyanese dollars each, just by showing their passport or ID card.
Even Guyanese citizens living abroad will be entitled to this amount, but they will have to return to their homeland to collect it.
While announcing this remarkable program, Guyana’s President Irfaan Ali said, “In recent days, millions of citizens have contacted me and my cabinet members, expressing their support for the measures taken last week.”
Initially, the government had planned to give 200,000 Guyanese dollars to each household, but the decision was changed after concerns raised by some citizens. These concerns were mainly from young individuals who had not yet started their own families, and they feared they wouldn’t be eligible for the aid.
President Ali stated, “By making every individual a part of this program, we hope to address concerns that young people might miss out on this assistance.”
Guyana has a population of 800,000, and around 400,000 people are expected to receive this payment.
Guyana’s economy has seen historic growth, with its size tripling over the past five years, largely due to the export of crude oil. Just a decade ago, the country’s GDP was the lowest in the region, but the discovery of oil reserves in 2015 changed Guyana’s fortunes. Today, it is one of the fastest-growing economies in the world.
