Supplementary Financial Paper Number 1 of 2026, totalling $54.9 billion, will be up for consideration during Monday’s sitting of the National Assembly, Senior Minister in the Office of the President with Responsibility for Finance Dr Ashni Singh confirmed on Friday.
Minister Singh said the Financial Paper is listed on the Order Paper and includes critical payments for key development programmes and initiatives.
Under the Financial Paper, supplementary 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. It also includes $807.5 million for the Guyana Rice Development Board and $4.5 billion for the National Drainage and Irrigation Authority (NDIA).
A further $17.5 billion is to be considered under the Ministry of Housing to cater for the ministry’s accelerated work programme geared at affordable homes and stronger communities through measures including expanding its housing programme, the construction of 40,000 new homes, eliminating the backlog of applications in all regions and fast-tracking all pending housing applications.
The National Assembly will also consider a supplementary provision of $19.1 billion under the Office of the Prime Minister for additional resources, including for the Gas-to-Energy Project, which is expected to reduce electricity costs to citizens by half once it comes on stream. A further $8.5 billion is proposed under the Ministry of Public Works for additional resources to facilitate the ministry’s work programme, including $6 billion for miscellaneous roads and drainage and $2.5 billion for hinterland roads, as Government continues to improve connectivity across all regions of the country.
Additionally, $600 million is up for consideration under the Ministry of Public Utilities and Aviation for maintenance of coastal airstrips, and $496.3 million to support water interventions including water-filling stations. Under the Ministry of Home Affairs, an additional $60 million for the Customs Anti-Narcotics Unit (CANU) towards its accelerated work programme is also to be debated and considered.
A release said the Government has, over the last five years and continuing in its new term, ramped up investment to strengthen, expand and rehabilitate Guyana’s drainage and irrigation infrastructure, promote growth in agriculture, improve access to healthcare, expand housing areas and road networks, modernise and expand the education sector, modernise and diversify the electricity sector, digitise processes for access to goods and services, and improve the quality of life of all citizens. The sums requested in the Financial Paper are geared toward supporting these investments, the release noted.
