––as Government maintains commitment to transparency and accountability in the management of Guyana’s oil resource

Senior Minister in the Office of the President with Responsibility for Finance Dr. Ashni Singh today presented Notification of Receipts to the National Assembly of all petroleum revenues paid into the Natural Resource Fund (NRF) during the period December 30, 2025 to March 31, 2026, pursuant to Section 33 (2) of the NRF Act 2021. This notification was published in the Official Gazette on the April 2, 2026, and demonstrates Government’s continued commitment to the principles of transparency and accountability in the management of Guyana’s oil wealth. At the end of April 2026, the balance in the NRF stood at US$4.1 billion.

In its Staff Concluding Statement of the 2025 Article IV Mission, the International Monetary Fund commended the Government of Guyana on the progress made to strengthen the management of oil wealth and its fiscal transparency:

“The authorities have advanced in enhancing governance of the NRF and modernizing public sector operations. The 2023 NRF and Public Accountability and Oversight Committee Annual Reports have been presented to the National Assembly, regular notifications of receipts of petroleum revenues, as mandated by law, are published in the Official Gazette and presented to the National Assembly, and the Bank of Guyana publishes monthly and quarterly reports of the NRF’s financial performance.”.

Moreover, pursuant to the NRF Act 2021, as amended by the Fiscal Enactments (Amendment) Act 2024, Parliamentary approval has been granted for US$2.374 billion (equivalent to G$495 billion) to be withdrawn from the NRF in 2026.

The PPP/C Government remains committed to managing Guyana’s oil wealth transparently and responsibly, ensuring it serves both present and future generations.

(MINISTRY OF FINANCE PRESS RELEASE)