Appropriation bill of $25.9b approved

Dr Ashni Singh

The National Assembly last evening passed the Supplementary Appro-priation Bill No.3 which gives approval to the Government of Guyana to access $1.8b from the Contingency Fund and the green light  for over $24b in supplementary funding.

Minister with Responsibility For Finance, Dr Ashni Singh last week tabled Financial Paper No. 4/2023 – Supplementary Estimates (Current and Capital) – “Advances made from the Contingency Fund totaling $1,899,647,334 for the period 2023-10-01 to 2023-12-08.”

The paper caters to advances for various agencies which include the Ministry of Foreign Affairs and International Cooperation, the Ministry of Home Affairs, the Ministry of Agriculture, and the Ministry of Education.

$785,808,944 from the financial paper catered for heightened security across government facilities in regions one, two, six, and nine, while $643,690,000 from the paper catered for the Guyana Sugar Corpo-ration (GuySuCo) for operational costs.