Prime Minister Brigadier (Ret’d) Mark Phillips said the government remains keen on developing the Amaila Falls Hydropower Project, which is expected to add 165 MW of electricity to the national grid.
The project is currently out for expression of interest.
The Office of the Prime Minister (OPM) has been allocated $111.4 billion in 2026 to strengthen its capacity to deliver through its agencies, supporting advancements in energy, information and communication technology, digital transformation, telecommunications, disaster preparedness, and public communications.
Some $13.7 billion has been earmarked for the energy sector, including $10.7 billion to bring the 300 MW combined-cycle gas turbine power plant, an integrated Natural Gas Liquids (NGL) facility, GtE Phase One, online by the end of 2026. Phillips also highlighted a $6 billion national renewable energy allocation, which he said forms part of the overall investment and is expected to support the expansion of solar farms and the addition of 21 new solar mini grids.
Phillips said the budget will also support digital transformation by expanding broadband connectivity, advancing digital services and cyber-security initiatives, facilitating the National e-ID programme, and supporting the expansion of ICT hubs and training nationwide.
“We are building a modern, secure, and digitally inclusive Guyana. From improved access in hinterland villages to advanced digital services across Government, this budget empowers citizens and strengthens our national competitiveness,” he said.
Budget 2026, the largest in the country’s history, is being described as a “forward-looking financial plan,” designed to deliver the policy agenda for economic and social transformation outlined in the People’s Progressive Party/Civic Government’s 2025 Manifesto.
The 2026 National Budget was presented on 26 January by Senior Minister in the Office of the President with responsibility for Finance, the Honourable Dr Ashni Singh, under the theme “Putting People First.”
