Since becoming an oil producer, Guyana has received GY$16,889,629,390.29 (US$81,005,416.74) in royalty payments. In keeping with the stipulations of the Natural Resource Fund Act 2021, the information was recently presented to the National Assembly after being published in the Official Gazette of Guyana and recorded by the central bank. Guyana’s first royalty payment was received … Continue reading Guyana received over GY$16 billion in royalty payments since 2020