President assents to finance bill for elections funding

President David Granger has signed into law the Supplementary Appropriation Act that was passed last month to provide the Guyana Elections Commission (GECOM) with $3.5 billion in funding for the holding of general and regional elections in 2019.

The Act, which was passed by the Assembly on May 23rd and signed by President Granger on June 12th, provides several ministries and constitutional agencies with additional funding for 25 additional projects during the 2019 fiscal year.

In total, $7.9 billion in additional spending has been approved, with $3.5 billion for GECOM, $2 billion in funding for the Ministry of Public Infrastructure, and $1.5 billion for the Ministry of Communities. Also approved were several hundreds of millions in funding for the ministries of Finance, Social Cohesion, Social Protection and Public Security.