- The Guyana Jewellery Association (GJA) welcomes the government’s removal of VAT on locally produced jewellery, as announced in Budget 2026.
- This measure reduces production and consumer costs, boosts the competitiveness of local jewellery, and supports local entrepreneurs.
- The GJA sees the move as recognition of the skill and artistry within Guyana’s jewellery industry and a correction of previous disadvantages compared to imports.
- The Association appreciates the government’s responsiveness to industry concerns and its support for domestic manufacturers and artisans.
- The GJA commits to inclusive industry representation and collaboration with the government to further develop the sector.
Source: newsroom.gy
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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