Tag: Natural Resource Fund

Min. Jordan assures nation NRF in Federal Reserve Bank beneficial to Guyana

Paul McAdam Paul McAdam- July 24, 2020

DPI, Guyana, Friday July 24, 2020 Minister of Finance Winston Jordan has reassured there is no need to be fearful ... Read More

Ministry of Finance and Bank of Guyana Sign Operational Agreement for the Operational Management of the Natural Resource Fund.

Staff Writer Staff Writer- December 11, 2019

As part of Government’s preparations towards becoming a petroleum producing country and in anticipation of first oil in 2020, work ... Read More

‘Every household will benefit from a robust economy’

‘Every household will benefit from a robust economy’

Felecia Valenzuela Felecia Valenzuela- June 24, 2019

─ Min. Jordan on IMF report DPI, Guyana, Monday, June 24, 2019 “Once the economy is growing the average housewife ... Read More

Guyana’s Natural Resource Fund now law

Guyana’s Natural Resource Fund now law

Staff Writer Staff Writer- February 15, 2019

─ Public Accountability Oversight Committee to be appointed ─ measures in place to ensure proper spending DPI, Guyana, Friday, February ... Read More

Public accountability and oversight committee to be established to govern oil revenues

Public accountability and oversight committee to be established to govern oil revenues

Staff Writer Staff Writer- November 26, 2018

DPI, Guyana, Monday, November 26, 2018 The government will establish a public accountability and oversight committee to report on the ... Read More

Private sector, civil society encouraged to join discussions on oil and gas, national strategies

Private sector, civil society encouraged to join discussions on oil and gas, national strategies

Staff Writer Staff Writer- September 13, 2018

- GMSA hosts discussion forum on ‘green paper’ on Natural Resource Fund - Budget Director says objectives of NRF three-fold ... Read More

Natural Resource Fund will ensure secured investment of petroleum revenues – ‘Green’ paper

Natural Resource Fund will ensure secured investment of petroleum revenues – ‘Green’ paper

Staff Writer Staff Writer- August 28, 2018

─ NRF will minimise risks associated with Dutch Disease, associated afflictions ─ fund will secure and build financial wealth for ... Read More

Drafting of NRF Act indicates intent to be fiscally prudent in management of petroleum sector – ‘Green’ paper

Drafting of NRF Act indicates intent to be fiscally prudent in management of petroleum sector – ‘Green’ paper

Staff Writer Staff Writer- August 27, 2018

─ drafting of NRFA required critical work to explore options for a fiscal rule ─ fiscal rule outlines principles and ... Read More

Govt on track with preparation for first oil – British High Commissioner

Govt on track with preparation for first oil – British High Commissioner

Staff Writer Staff Writer- August 24, 2018

-  close to having critical legislation in place -  investment in public infrastructure, health, education more lucrative than cash payouts ... Read More

Operation of Natural Resource Fund will conform to Santiago Principles – ‘Green’ paper

Operation of Natural Resource Fund will conform to Santiago Principles – ‘Green’ paper

Staff Writer Staff Writer- August 17, 2018

─ Santiago Principles promote transparency and accountability in management of Natural Resource Funds ─ NRF Act will detail sound legal ... Read More

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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.