Almost a whopping half a billion dollars was spent by government on the D’Urban Park Development Project, which was constructed for the Jubilee celebrations.
Government is now seeking approval from the National Assembly for the extra-budgetary spending and Minister of Finance Winston Jordan on Thursday tabled Financial Paper 1/2016 in the House, which covers $931 018 292 in extra government spending from January 1st to July 28th this year.
The figures show that an initial $72.8 million was previously approved for the D’Urban Park Development Project and government is now seeking approval for a further $406.7 million, which has already been spent. This means that altogether, $479.6 million was spent by government on the project, which was used to facilitate the hosting of Guyana’s 50th Independence anniversary celebrations. This sum does not include donations from companies and citizens.
