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54.9 Billion for National Development | Guyana News

54.9 Billion for National Development | Guyana News

Published 2 weeks, 5 days ago
Description

The National Assembly is set to review a massive $54.9 billion in supplementary funding for 2026, aimed at accelerating key government priorities. Agriculture gets $8.3 billion, including $3 billion for GuySuCo’s worker back pay, $4.5 billion for drainage and irrigation, and support for rice development. Housing requests $17.5 billion to build 40,000 homes and clear backlogs, building on existing $159.1 billion. The Prime Minister’s Office seeks $19.1 billion for the Gas-to-Energy Project to slash electricity costs, while Public Works asks for $8.5 billion—$6 billion for roads and $2.5 billion for hinterland infrastructure. Smaller but vital allocations include $600 million for airstrips, $496.3 million for water projects, and $60 million for anti-narcotics enforcement—all designed to boost infrastructure, agriculture, housing, and public services nationwide.

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