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Oil fund management for Guyana

Central to any revenue management law is the set of rules and basic principles governing the management of the oil fund. Good governance, professional...

PSC ‘working overtime’ to identify representative for Guyana’s wealth fund

Chairman of Guyana’s Private Sector Commission (PSC), Gerry Gouveia, says the business group is working overtime to identify a suitable person to sit on...

Wealth fund workshop planned; committees not yet fully constituted

A team from the International Monetary Fund (IMF) has been in Guyana to assist the Government, through the Ministry of Finance, in setting up...

Oversight Committee for Guyana petroleum wealth fund being set up

Guyana’s Ministry of Finance is in the process of putting together the Public Accountability and Oversight Committee of the Natural Resource Fund being set...

President signs Guyana’s wealth fund into law

On January 23 this year, Guyana’s President, David Granger, signed the Natural Resources Fund (renamed from Sovereign Wealth Fund) into law. This was announced...

Fund to manage oil revenue gets green light in Guyana

The long awaited 2018 Natural Resource Fund bill was passed in the National Assembly on Thursday evening. The bill, which saw minor amendments, was passed...

Natural Resources Fund Bill for Guyana Parliament by March

Guyana’s Ministry of Natural Resources has set for itself a rigorous agenda for 2018, ahead of first oil in 2020, and according to subject...