The Ministry of Finance yesterday announced that it had made the seventh transfer for the year from the Natural Resource Fund (NRF) to the Consolidated Fund.
The Ministry said that it would be recalled that in 2021, Government amended the NRF Act to bring greater transparency and accountability in the management of Guyana’s oil resources, including the requirement of Government to seek annual Parliamentary approval for withdrawals from the NRF as stated in Section 19 of the NRF Act 2021.
