Tag: Natural Resource Fund

Guyana now satisfies governance principles of Sovereign Wealth Funds worldwide – Financial Analyst

Guyana now satisfies governance principles of Sovereign Wealth Funds worldwide – Financial Analyst

- August 6, 2023

Following legislative changes made by the government within three years of assuming office, Guyana has joined the many countries whose ... Read More

Sums withdrawn from NRF to finance developmental projects

Sums withdrawn from NRF to finance developmental projects

- May 9, 2023

Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, recently confirmed government’s second withdrawal ... Read More

Government makes second withdrawal from the Natural Resource Fund

Government makes second withdrawal from the Natural Resource Fund

- July 13, 2022

Senior Finance Minister Dr Ashni Singh announced that Government has made its second draw down from the Natural Resource Fund ... Read More

President defends integrity of NRF board nominees

President defends integrity of NRF board nominees

- March 7, 2022

President, Dr. Mohamed Irfaan Ali has rejected claims that the government used its majority in the National Assembly to deny ... Read More

Guyana ranked 10th most competitive oil & gas jurisdiction in the world

Guyana ranked 10th most competitive oil & gas jurisdiction in the world

- February 21, 2022

Among the oil and gas jurisdictions in the world, Guyana has done so well in its management of the industry ... Read More

VP Jagdeo explains why using oil money to hike salaries immediately is a bad idea

VP Jagdeo explains why using oil money to hike salaries immediately is a bad idea

- February 4, 2022

In all his time as President, His Excellency, Dr. Mohamed Irfaan Ali has maintained that Guyana must not be allowed ... Read More

Guyana produced 42.7 M barrels of oil in 2021 – Minister Singh

Guyana produced 42.7 M barrels of oil in 2021 – Minister Singh

- February 1, 2022

For the year 2021, Guyana produced 42.7 million barrels of light, sweet crude from the Liza One development in the ... Read More

In four years, Guyana expects oil revenues twice the size of its 2022 Budget

In four years, Guyana expects oil revenues twice the size of its 2022 Budget

- January 29, 2022

Guyana expects a tsunami of revenue inflows to its Natural Resource Fund (NRF), in the next four years, amounting to ... Read More

Acclaimed int’l NRF expert lauds transparency of Guyana’s oil fund law

Acclaimed int’l NRF expert lauds transparency of Guyana’s oil fund law

- January 28, 2022

Guyana’s Natural Resource Fund (NRF) law which was recently passed by the PPP/C Government, has been lauded by internationally acclaimed ... Read More

Oil and gas sector key to Guyana’s transformation – President Ali

Oil and gas sector key to Guyana’s transformation – President Ali

- January 25, 2022

His Excellency, Dr. Mohamed Irfaan Ali said the oil and gas sector remains the key to Guyana’s transformation.  He made ... Read More