Supplementary Financial Paper slated for consideration at Monday’s parliamentary sitting

-includes provision for retroactive payment to GUYSUCO workers plus other critical development programmes

Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh, on Friday confirmed that the Supplementary Financial Paper Number 1 of 2026 totalling $54.9 billion is listed in the Order Paper and will be up for consideration during Monday’s Sitting of the National Assembly.

Minister Singh indicated that 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).

Also to be considered is a sum of $17.5 billion under the Ministry of Housing to cater for that ministry’s accelerated work programme. In the PPP/C’s 2026 Manifesto, the Party outlined its plan for affordable homes and stronger communities through measures such as expanding its housing programme, the construction of 40,000 new homes, working to ensure it eliminates the backlog of applications in all regions and fast-tracking all pending housing applications. In this vein, Budget 2026 aimed at reducing the cost of home ownership included a $159.1 billion allocation to the sector.

The National Assembly will also consider another supplementary provision of $19.1 billion under the Office of the Prime Minister for additional resources such as those for
government’s Gas-to-Energy Project expected to reduce electricity cost to citizens by half when it comes on stream, $8.5 billion 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.

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.

Government has, over the last five years and continuing in its new term, ramped up investments to strengthen, expand, and rehabilitate Guyana’s drainage and irrigation (D&I)
infrastructure, promote growth in agriculture, improve access to world-class healthcare, expand housing areas and road networks across the country, modernise and expand the
education sector to ensure persons have free access to education from nursery to the tertiary level, modernise and diversify the electricity sector, digitise processes for access to goods and services across all sectors, and generally improve the quality of life of all citizens. The sums requested in the financial paper are geared toward supporting these investments.