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Guyana Approves $54B Spending Push | Guyana News

Guyana Approves $54B Spending Push | Guyana News

Published 2 weeks, 3 days ago
Description

Guyana’s National Assembly just approved a massive $54 billion spending spree—fueling big-ticket projects like the Gas-to-Energy initiative, housing, roads, and back pay for sugar workers. Nearly $19 billion heads straight to the Prime Minister’s office for the Gas-to-Energy push, while housing and water get $17.5 billion, and agriculture receives over $8 billion—including funds for GuySuCo workers. The Ministry of Public Works also gets a major boost for road upgrades. Despite opposition lawmakers boycotting questions to protest the MV Barima disaster, the full budget—$54 billion in capital and $5 billion in current spending—passed unanimously. The government’s priorities are now locked in, set to reshape Guyana’s energy, housing, and agricultural sectors.

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