Tag: Natural Resource Fund Act 2021

Oil funds to help finance Budget 2022 – Vice President

Oil funds to help finance Budget 2022 – Vice President

Kemol King Kemol King- January 21, 2022

─ says will ensure Guyana borrows less- Vice President Dr. Bharrat Jagdeo said Budget 2022 will be financed partly by ... Read More

Officials who lose oil money through misconduct to be held personally liable

Officials who lose oil money through misconduct to be held personally liable

Kemol King Kemol King- January 21, 2022

The law explicitly prohibits the misuse or misapplication of public funds, which Guyana’s petroleum revenues are, and outlines penalties for ... Read More

Guyana’s oil money not tied up in any deals

Guyana’s oil money not tied up in any deals

Kemol King Kemol King- January 19, 2022

Of the US$607 million sitting in the New York Federal Reserve Bank, not a cent of Guyana’s oil money has ... Read More

Finance Minister files motion for parliamentary nomination of oil fund board member

Finance Minister files motion for parliamentary nomination of oil fund board member

Kemol King Kemol King- January 18, 2022

Senior Minister in the Office of the President with responsibility for finance, Dr. Ashni Singh, has filed a motion asking ... Read More

Pressing development needs may require transparent, early withdrawals from oil fund

Pressing development needs may require transparent, early withdrawals from oil fund

Kemol King Kemol King- January 16, 2022

The Natural Resource Fund Act 2021 has paved the way for government to make withdrawals from the Fund, through a ... Read More

Oil fund could repair crumbling infrastructure, improve health, education systems – Minister Indar

Oil fund could repair crumbling infrastructure, improve health, education systems – Minister Indar

Kemol King Kemol King- January 14, 2022

Minister within the Ministry of Public Works, Deodat Indar, said the public school and healthcare systems, along with the country’s ... Read More

‘Attempted theft of Speaker’s Mace was a treacherous act’ – Governance Minister

‘Attempted theft of Speaker’s Mace was a treacherous act’ – Governance Minister

Mikaila Prince Mikaila Prince- December 30, 2021

Calls for ‘grabbers’ to be “seriously dealt with” Following sheer disorder at the hands of the APNU+AFC Opposition in the ... Read More

COVID-19 Alert!

Coronavirus disease spreads primarily through contact with an infected person when they cough or sneeze. It also spreads when a person touches a surface or object that has the virus on it, then touches their eyes, nose, or mouth. We urge citizens to practice good hygiene and social or physical distancing also adhere to the guidelines provided by the Ministry of Health, Guyana.