Less than six months after the National Assembly passed the Government’s $1.558 trillion Budget, the administration is returning to the National Assembly on Monday for the consideration of a supplementary budget.

When the National Assembly meets on Monday, the Government push for the approval of the supplementary budget of $54.9 Billion.

In a statement, the Ministry of Finance explained the Financial Paper 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)”, the statement said.

A sum of $17.5 billion under the Ministry of Housing is to be considered to cater for that ministry’s “accelerated” work programme. In this year’s budget, the Housing Ministry was allocated more than $159 Billion.

The additional funding is to cater for the further expansion of the Government’s housing programme and other initiatives.

A further $19.1 billion is also being sought under the Office of the Prime Minister for additional resources such as those for the Government’s Gas-to-Energy Project, which has been delayed repeatedly as its costs balloons. The project is not expected to get off the ground for another several months.

$8.5 billion is being sought under the Ministry of Public Works for additional resources to facilitate that 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, the Finance Ministry explained.   

Additionally, a further $600 million is up for consideration under the Ministry of Public Utilities and Aviation for the provision of additional resources to facilitate maintenance of coastal airstrips and $496.3 million to support water interventions including water filling stations.

Further, under the Ministry of Home Affairs, an additional $60 million for the Customs Anti-Narcotics Unit (CANU) towards its accelerated work programme is to be debated and considered.

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