Senior Finance Minister Dr. Ashni Singh on Monday presented a $25.9 billion Appropriation Bill during the 69th Sitting of the National Assembly at the Arthur Chung Conference Centre.
The Bill comprised Financial Paper No. 4 of 2023 relating to Contingency Fund advances on the Current and Capital Estimates for the period October 1, 2023, to December 8, 2023, and Financial Paper No. 5 of 2023 for Supplementary Funding for expanded work programmes for the period ending December 31, 2023.
Financial Paper 4 sought over $1.9 billion in Contingency Fund advances for various agencies, including the Ministries of Foreign Affairs and International Cooperation, Home Affairs, Agriculture and Education with $643 million to support operational costs of the Guyana Sugar Corporation and additional costs concerning the provision of security for several regions.
