Nandlall: Guyana’s economic gains driven by prudent oil management, strong governance

Nandlall: Guyana’s economic gains driven by prudent oil management,  strong governance

Attorney General and Minister of Legal Affairs, Anil Nandlall, says Guyana’s success story is no accident; it is the product of responsible resource management, visionary leadership, and careful governance of the country’s oil wealth.

Hon. Mohabir Anil Nandlall SC, Attorney General

Appearing on the Starting Point programme, Nandlall said Guyana’s development model is being watched globally as an example of how resource-rich nations can convert natural wealth into real progress for citizens. He declared that Guyanese today are living in a moment unlike any other in the country’s history.

“We are now the most blessed generation of Guyanese to have ever lived,” Nandlall said, explaining that decades of hard work have positioned the country to transform its economic fortunes through prudent investment, modern laws, and effective planning.

Guyana’s oil revenues are being channelled through the Natural Resource Fund — the sovereign wealth vehicle designed to ensure transparency and sustainability. Withdrawals from the Fund are being directed into public infrastructure, education, housing, and healthcare, reflecting the government’s promise to use its resources for long-term, people-centred development.

Nandlall also highlighted the government’s legislative reforms, noting that new and updated laws governing finance, procurement, environmental protection, and investment are creating a modern legal framework to sustain growth. These reforms, he said, are not only attracting international partners but also ensuring that benefits reach every level of society.

Economists and international observers have pointed to Guyana as one of the fastest-growing economies in the world, with strong non-oil growth, rising employment, and large-scale investment in energy, transport, and manufacturing. For many Guyanese, this has meant improved roads, better access to services, and expanded opportunities in both public and private sectors.

Nandlall underscored that the ultimate goal is empowerment, not dependency, as the government focuses on building institutions that can deliver equitable development for generations to come.

He concluded that this period represents a turning point in Guyana’s history: “Our task now is to ensure that this blessing becomes a legacy one that future generations will inherit with pride.”

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