A Partnership for National Unity (APNU) has voiced concerns over the challenges facing young Guyanese, warning that the country’s oil-driven economic growth is leaving many behind.
The Coalition emphasized that while Guyana’s Gross Domestic Product (GDP)continues to surge and oil revenues expand, young citizens are struggling with rising food prices, increased rent, low wages and little access to employment opportunities.
“They see the oil wealth in GDP growth metrics. They see the billions in revenues. They see the new buildings, hotels, roads and projects. They don’t see themselves,” APNU stated.
It added, “Young people must not be spectators in the country’s development. They must be active participants and direct beneficiaries”.
The party also highlighted that rent has increased by over 100 percent between 2020 and 2026, making it more difficult for young people to afford shelter.
“For example, an apartment that rented for G$100,000 in 2020 is projected to cost around G$228,000 by 2026. Meanwhile, public sector wages have grown at a slower pace, leaving many young professionals unable to afford housing,” the party said.
APNU, in referencing its Manifesto, said that it had promised to reduce the age for house lot applications from 21 to 18 and to introduce a rent-to-own programme. These measures, the opposition party said, could have assisted young Guyanese.
APNU stressed that youth development must go beyond jobs and income.
The party stressed that Guyana stands at a critical juncture and that decisions made today will determine whether oil wealth “benefits only a privileged few or creates lasting prosperity for an entire generation”.
