A $54.9 billion Supplementary Financial Paper will come before the National Assembly on Monday for consideration.

Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, says the package aims to accelerate development across key sectors.

The proposed allocations include $17.5 billion for the Ministry of Housing to fast-track housing development and reduce the backlog of applications.

Supplementary provisions of $8.3 billion will also be considered for the agriculture sector, including $3 billion for GUYSUCO, with provisions for retroactive payments to sugar workers, $807.5 million for the Guyana Rice Development Board, and $4.5 billion for the National Drainage and Irrigation Authority.

Another $19.1 billion is proposed under the Office of the Prime Minister for additional resources, including funding for the Gas-to-Energy Project, while the Ministry of Public Works is seeking $8.5 billion, with $6 billion for miscellaneous roads and drainage and $2.5 billion for hinterland roads.

The financial paper also includes $600 million for coastal airstrip maintenance under the Ministry of Public Utilities and Aviation, $496.3 million to support water interventions, and $60 million for the Customs Anti-Narcotics Unit, under the Ministry of Home Affairs.

Minister Singh says the supplementary allocations will support the government’s ongoing investments in infrastructure, housing, agriculture, energy, and public services aimed at improving the quality of life for Guyanese.