Final withdrawal made from NRF for 2023 – Ministry

In accordance with the Natural Resource Fund Act 2021 and the approved Budget 2023, the Government of Guyana made its eighth and final transfer, totalling US$152.1 million (equivalent to G$31.6 billion) from the NRF on December 27, 2023, to the Consolidated Fund.

 

A statement from the Ministry of Finance on New Year’s Day said that this transfer brings the accumulated withdrawals for 2023 to US$1.002 billion (equivalent to G$208.4 billion), in line with the total of US$1.002 billion (equivalent to G$208.9 billion) approved to be withdrawn in 2023 under the Act.