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Govt draws down sixth transfer totalling US$100M from Resource Fund

Admin by Admin
November 4, 2023
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Exxon Set To Recover $55 Billion Investment As Many Guyanese Struggle To Make Ends Meet

Local content loopholes closed, opportunities boosted for Guyanese – Min Bharrat

The Government of Guyana has made its sixth transfer, totalling US$100 million (equivalent to G$20.8 billion) from the Natural Resource Fund on October 24, 2023, to the Consolidated Fund. This transfer brings the accumulated withdrawals to date in 2023 to US$750 million (equivalent to G$156 billion), within the total of US$1.002 billion (equivalent to G$208.9 billion) approved to be withdrawn in 2023.

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