Guyana’s Natural Resources Fund (NRF) commonly referred as the “oil money fund,’ stood at US$534 million according to information released in the Ministry of Finance’s October report.
Notably, the PPP/C government is looking to amend the laws governing the NRF to safeguard and insulate it from political manipulation.
Local interest in the growth of the NRF centres mainly on public and political pronouncements linked to the integrity of the fund’s safekeeping arrangements. Public comment has been quick to raise concerns that what is regarded as savings to be committed to the future of the country could fall victim to corrupt misdirection.
