Budget projects revenue at $149.6B

Finance Minister Dr Ashni Singh is projecting current revenue of $149.6 billion this year compared to $135.7B last year.

In his budget presentation yesterday, he said that both of these figures were net of inflows from the Norwegian forest protection GRIF fund.

Singh said that the Guyana Revenue Authority (GRA) is expected to account for $135.3 billion of this year’s projected current revenue. This is to be fuelled by an 8% rise in internal revenue collections to $55.8 billion from anticipated strong private sector performance