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Govt seeks additional GY$54.8 billion for 2026

Denis Chabrol by Denis Chabrol
Friday, 5 June 2026, 16:12
in Business, Finance, News
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World Bank approves US$20m for Guyana to cope with oil and gas risks

Ministry of Finance

Last Updated on Friday, 5 June 2026, 22:06 by Denis Chabrol

The Guyana government on Friday tabled a supplementary budgetary request for GY$54.8 billion to cater for additional expenses for 2026.

The Minister of Finance, Dr Ashni Singh, told the National Assembly that the GY$54,889,259,163 in current and capital expenditures would be considered at the next regular sitting of the National Assembly.

This includes GY$3 billion for the ailing Guyana Sugar Corporation (GUYSUCO) and GY$807,488 million for the Guyana Rice Development Board (GRDB).

The reason given for the overwhelming majority of requests on behalf of the Office of the Prime Minister and four ministries — public works, housing, health, and home affairs — is “provision of additional resources to facilitate an accelerated work.”

The requests are listed in financial paper number 1 for 2026.

Guyana’s GY$1.558 trillion national budget for 2026 was approved by the National Assembly on February 14.

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Tags: Guyana Sugar Corporation (GuySuCo)GY$54.8 billionMinister of Finance Ashni SinghMinistry of HealthMinistry of Home AffairsMinistry of HousingMinistry of Public WorksNational AssemblyOffice of the Prime Ministersupplementary budget request
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