The PPP/C track record proves one thing: households moved from 𝗳𝗿𝗮𝗴𝗶𝗹𝗲 → 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁, 𝘄𝗶𝘁𝗵 𝗶𝗻𝗰𝗼𝗺𝗲𝘀, 𝘀𝗮𝘃𝗶𝗻𝗴𝘀, 𝗮𝗻𝗱 𝗵𝗼𝗺𝗲 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝗻𝗲𝘁 𝗵𝗼𝘂𝘀𝗲𝗵𝗼𝗹𝗱 𝘄𝗲𝗮𝗹𝘁𝗵 (2004–2024).
𝗙𝗔𝗖𝗧 𝗦𝗛𝗢𝗖𝗞𝗘𝗥 #𝟭 – 𝗜𝗻𝗰𝗼𝗺𝗲𝘀 𝗘𝘅𝗽𝗹𝗼𝗱𝗲𝗱
Household income: GYD 34B → GYD 739B
22× higher income levels. Real prosperity, real paychecks. 𝗙𝗔𝗖𝗧 𝗦𝗛𝗢𝗖𝗞𝗘𝗥 #𝟮 – 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗦𝗶𝘅-𝗳𝗼𝗹𝗱
Household savings: GYD 70B → GYD 411B
6× higher savings. Families now build cushions, not scraps. 𝗙𝗔𝗖𝗧 𝗦𝗛𝗢𝗖𝗞𝗘𝗥 #𝟯 – 𝗖𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 𝗨𝗽 𝗦𝗶𝘅-𝗳𝗼𝗹𝗱
Household consumption: GYD 85B → GYD 512B
Stronger spending power, fueled by rising incomes and healthy credit. 𝗙𝗔𝗖𝗧 𝗦𝗛𝗢𝗖𝗞𝗘𝗥 #𝟰 – 𝗦𝗺𝗮𝗿𝘁 𝗗𝗲𝗯𝘁 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗛𝗼𝗺𝗲𝘀
Household debt: GYD 15B → 218B while incomes surged 22×.
70% of household debt is residential mortgages — proof of PPP/C’s housing policy success.
Debt isn’t crushing — it’s fuelling home ownership, and rising net household wealth. 𝗙𝗔𝗖𝗧 𝗦𝗛𝗢𝗖𝗞𝗘𝗥 #𝟱 – 𝗔𝗿𝗿𝗲𝗮𝗿𝘀 𝗗𝗼𝘄𝗻
NPLs: 9.4% (2020) → 3.3% (2024) even with a much larger credit system.
More credit, fewer collapses. Families kept afloat.
𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲:• Incomes 22× higher
• Savings 6× higher
• Consumption 6× higher
• Debt fueling home ownership
• NPLs contained
PPP/C didn’t just grow the economy — they grew household wealth.