Gov’t withdraws US$300m from NRF

The Ministry of Finance yesterday announced that the Government of Guyana has made its fourth transfer for 2024 from the Natural Resource Fund (NRF), totalling US$300 million (equivalent to $62.394 billion).

The transfer  from the NRF was made on October 1, 2024, to the Consolidated Fund, a release from the Ministry of Finance said.

This transfer brings the accumulated withdrawals to date in 2024 to US$1.150 billion (equivalent to $239.176 billion) within the total of US$1.586 billion (equivalent to $329.9 billion) approved to be withdrawn in 2024.