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Parliament to consider $54b financial paper today

Dr Asni Singh

Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, on Friday confirmed that the Supplementary Financial Paper Number 1 of 2026 totalling $54.9 billion  will be up for consideration during today’s Sitting of the National Assembly. 

In a press release from his ministry, Singh said that the Financial Paper includes critical payments for key development programmes and initiatives.

Spplementary provisions to be considered under the Ministry of Agriculture comprise $8.3 billion including $3 billion for the Guyana Sugar Corporation (GUYSUCO) within which is a provision for retroactive payments to workers at the entity, the release said. It  also includes $807.5 million for the Guyana Rice Development Board and $4.5 billion for the National Drainage and Irrigation Authority (NDIA). 

Also to be decided is a sum of $17.5 billion under the Ministry of Housing to cater for that ministry’s accelerated work programme. 

The release said that the National Assembly will also consider another supplementary provision of $19.1 billion under the Office of the Prime Minister for additional resources such as those for government’s Gas-to-Energy Project expected to reduce electricity cost to citizens by half when it comes on stream, $8.5 billion under the Ministry of Public Works for additional resources to facilitate that Ministry’s work programme including $6 billion for miscellaneous roads and drainage and $2.5 billion for hinterland roads.

Additionally, a further $600 million is up for Consideration under the Ministry of Public Utilities and Aviation for additional resources to facilitate maintenance of coastal airstrips and $496.3 million to support water interventions including water filling stations.

Further, under the Ministry of Home Affairs, an additional $60 million for the Customs Anti-Narcotics Unit (CANU) towards its accelerated work programme is to be considered.

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