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The government yesterday presented a budget of $142.8 billion which largely rests on taxes and export earnings, but fell short on detailing specific actions to create jobs and increase household income. The budget represents an increase of 10.8 percent over 2009.When the global recession kicked in, the government had given public servants a $4,000 top up on their salaries as cost of living allowance. That money has been added to their salaries. No increase in the income tax threshold was announced, and so the taxable income remains at $35,Deion Jones Falcons Jersey,000.In a three-hour presentation, Minister of Finance, Dr Ashni Singh, factored into the budget the US$30 million the government expects to receive from Norway as part of the five-year forest-saving deal. That money will go toward infrastructure development, low carbon small business initiatives, the cost of land demarcation and land titling for indigenous communities, and the work of the Office of Climate Change.The Guyana Gold and Diamond Miners Association has projected to take its annual gold production to 500,000 ounce, valued at $100 billion this year – a projection that would represent more than half of the total budget, Singh announced. But the Finance Minister stayed away from the projection of the Association, and instead estimated production at 311, 000 ounces.The Association is fighting new mining regulations its members say would jeopardise their production and threaten industry’s 100,000 jobs.Overall real growth in Gross Domestic Product is projected at 4.4 percent, with the non-sugar economy projected to grow by 3.4 percent.The chunk of earnings to support the budget for this year will come from taxes. Revenue is budgeted to increase by 3.2 percent to $98.2 billion, of which the Guyana Revenue Authority (GRA) is projected to collect $94.1 billion. Customs and Trade taxes are projected at $8.3 billion representing an 8.1 percent increase primarily linked to higher import duties given higher levels of imports and improved surveillance by the GRA.Internal revenue collections are targeted to increase by 5.1 percent to $38.6 billion, reflecting improved private sector performance in the areas of corporation taxes and income taxes from the self-employed. Value-added and excise taxes are targeted to increase by 5.6 percent to $47.2 billion,NBA Authentic Jerseys, due to higher VAT collections on both imports and domestic supplies consistent with projected increases in business activities.Sugar production is projected at 280,000. Singh said that this would be realised owing to the implementation of a turnaround plan that includes increased cultivation, returns to mechanisation and improvement in the conversion rate of sugar from cane.However, he said that achieving this target would also be dependent on favourable weather conditions and a stable industrial relations environment.Singh said that the government would pump a further $4.1 billion to complete all aspects of the Skeldon Sugar Modernisation Plant. The new Skeldon estate was commissioned by President Bharrat Jagdeo at a cost of US$181 million.The industry, last year blamed strikes and bad weather for failing to achieve its target. The final production figure was 233,735 tonnes. This was 15,785 tonnes short of the business plan target of 249,520 tonnes.The rice industry is projected to see a setback of 4.6 percent since bad weather in the latter months of last year adversely affected the sowing of paddy. This will therefore result in lower production. The projected production is for 343,373 tonnes of rice.The livestock industry is expected to continue along a similar growth path in recent years with a projected 2.9 percent growth. Other agriculture is also projected to grow by 2.1 percent as the agricultural diversification programme and the Grow More campaigns are expected to continue to reap rewards.The forestry sector is projected to grow by five percent as the demand for wood products is expected to increase as the world economy recovers and as increased production of sawn lumber and policies to facilitate greater export of higher valued-added wood products take effect.The mining and quarrying sector is expected to build on its 2009 performance with a projected growth rate of 4.2 percent. The bauxite industry is expected to recover with a 9.1 percent growth to 1.6 million tonnes as the operations of both bauxite companies are expected to be scaled up in response to some expected renewal in demand on the world market for aluminium.SpecificallocationsFor the security sector, spending of $14.9 billion has been budgeted for the construction, rehabilitation, and maintenance and remodelling of facilities. This includes the rehabilitation and extension of the Brickdam lockups, rehabilitation of police stations at such locations as Orealla, Mara and Orinduik.The funds will also go toward renovating the Georgetown prisons and to construct a new training school for fire-fighters and policemen.The sum of $473 million has been allocated for the construction of a forensic laboratory. An estimated $544 million will go toward the purchase and maintenance of vehicles, including the purchase of one water cannon and one mobile police station.For the justice sector, $1.7 billion has been budgeted, and this will go toward the construction and maintenance of courts across the country as well as other projects.The budget is synonymous with budgets of the past, with heavy spending in the social sectors.The sum of $21.4 billion has been budgeted for the education sector. A total of $800 million has been budgeted for the national school feeding programme, which Dr Singh said will benefit 47,Deion Sanders Falcons Jersey,000 students in nursery and primary schools.Some $940 million has been allocated for the expansion of technical and vocational training. These funds will be used in the construction, rehabilitation and maintenance of facilities and the procurement of tools and equipment for all technical institutes.More than $880 million is allocated for teacher training. In further spending for the education sector, $2.4 billion will go towards construction, maintenance and rehabilitation of dormitories and nursery, primary and secondary schools countrywide.The University of Guyana has been allocated over $700 million to run its Turkeyen and Berbice campuses. Added to that,Wholesale Authentic Jerseys, the government has set aside $450 million for student loans.The health sector has been allocated $13.3 billion this year, with $1.4 billion of that going towards the construction, rehabilitation and maintenance of health facilities nationwide. This includes the new impatient facility at the Georgetown Public Hospital, the rehabilitation of the West Demerara Regional Hospital and the expansion of the Skeldon Hospital.An estimated $300 million is budgeted to be spent on enhancement of antenatal and child health programmes with specific focus on the prevention of maternal and infant mortality and on child nutrition.This year, $2.7 billion is slated to be spent to acquire drugs and medical supplies for the public health care system.For the housing sector, $2.8 billion is budgeted. Key targets include the allocation of 5,500 house lots and the processing and distribution of 3, 750 land titles.Under the second Low Income Settlement programme, $1.5 billion will be spent in 2010 to begin works in six new sites namely Block 8 Tuschen, Section EE Non Pariel, Ordnance/Fortland, No.76 Village, Give Miles Bartica and Amelia’s Ward in Linden. Works in these areas will facilitate the development of 1, 504 new house lots.In addition, the government is aiming to complete 80 core houses and distribute 100 subsidies to low income households in 2010.In the water sector, $2.7 billion will be spent this year on several projects, including the completion of water treatment plants in Lima, Cotton Tree and Vergenoegen as well as the Central Ruimveldt and Sophia iron removal plants.Funds have been set aside to provide potable water to hinterland communities such as Capoey, Mainstay, Surama, Toka, Tiger Pond, Haiwa,Throwback Jerseys, St Cuthbert’s Mission and Paramakatoi.In the sanitation sector, the government has allocated over $1.1 billion, which will among other things, complete the rehabilitation of additional sewer pumping stations in the Georgetown area.In the area of youth development,Fernando Rodney Jersey, $40.7 million has been allocated to upgrade facilities and purchase training materials and sports equipment, while $392 million has been allocated to upgrade sports infrastructure.In support of single-parent families, $50 million has been budgeted. For the elderly, $3.5 billion has been set aside for payment to the country’s 44,000 pensioners. Regarding the homeless, $325 million has been budgeted to complete the residential centre for rehabilitation and reintegration to accommodate 300 homeless persons.The Parliamentary debate on the 2010 budget will commence next Monday.