The Ministry of Finance announced today that the Government has withdrawn another $20.8 Billion from the Natural Resources fund. 

The withdrawal was made on the 23^rd November, just one month after the previous withdrawal of the same amount. 

So far for this year, the Government has withdrawn a total of $176.8 Billion from the oil fund, in keeping with provisions facilitated by the allocations in this year’s national budget. 

This year’s budget caters for a total of $208.9 Billion to be withdrawn from the fund this year.

The money being withdrawn is expected to support a number of government development projects around the country, according to the Government.

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