In accordance with the provisions of the Natural Resource Fund Act, the Board of Directors of the Natural Resource Fund (NRF) and the Bank of Guyana (BoG) yesterday signed the Operational Agreement for the Management of the NRF.
According to a release from the Ministry of Finance, Senior Minister within the Office of the President with responsibility for Finance, Dr Ashni Singh oversaw the signing at a ceremony in the ministry’s boardroom. It stated that the Agreement was signed by Chairman of the Board of Directors, Major General (Rtd) Joseph Singh, and BoG Governor, Dr Gobind Ganga. The signing is in keeping with Section 5 (6) (d) of the Natural Resource Fund Act of 2021 which states the Board is required to enter into an Operational Agree-ment with the Bank for the operational management of Guyana’s Natural Resource Fund.