Bills, loan agreements, reports and $54.9B supplementary paper tabled in National Assembly
A wide range of legislative, financial, and development measures were presented to the National Assembly on Friday, including six new bills, major international financing agreements, and a supplementary budget proposal.
Senior Minister within the Office of the President with Responsibility for Finance, Dr Ashni Singh, tabled Supplementary Financial Paper No. 1 of 2026 seeking parliamentary approval for $54.9 billion in additional spending to support ongoing development projects and programmes.
Among the allocations proposed are $19.1 billion for the Office of the Prime Minister, including resources for the Gas-to-Energy Project; $17.5 billion for housing development; $8.5 billion for roads and drainage works; and $8.3 billion for agriculture, including support for the Guyana Rice Development Board, the Guyana Sugar Corporation (GuySuCo) and the National Drainage and Irrigation Authority (NDIA).
Additional funding was also sought for coastal airstrip maintenance, water interventions and the Customs Anti-Narcotic Unit (CANU).
Also tabled were several international financing agreements, including a US$156 million World Bank financing agreement for the Integrated Transport Corridors Project, which will support the construction and rehabilitation of climate-resilient road infrastructure and strengthen road safety management
Two agreements signed with the Inter-American Development Bank (IDB) were also presented.
These include a US$30 million Conditional Credit Line for Investment Projects (CCLIP) for water and sanitation improvements and a US$15.57 million loan to finance the Guyana Climate Resilient Water Infrastructure Improvement Programme.
Additionally, amendments to three existing financing arrangements were laid before the House. These relate to financing for the Gas-to-Energy Project through the Export-Import Bank of the United States, the IDB-funded Strengthening Energy Matrix Diversification Programme and the CARICOM Development Fund-supported Agricultural and Infrastructural Development Programme.
The Assembly also received six new bills, which were formally read for the first time.
These include the Guyana Development Bank Bill, which seeks to establish a development bank to provide financing to support business growth and economic development; the Former Presidents’ Benefits and Other Facilities Bill; the Hire Purchase (Amendment) Bill; the Depreciating Property Sale Order Bill; the Sexual Offences (Amendment) Bill; and the Security Interests in Movable Property (Amendment and Validation) Bill.
The Sexual Offences (Amendment) Bill includes provisions for the creation of Guyana’s first Sex Offenders Registry, and the Depreciating Property Sale Order Bill would permit the sale of seized assets, with court approval, before they lose significant value.
The Security Interests in Movable Property legislation aims to strengthen commercial transactions and validate certain previously recorded transactions.
Additionally, the annual report of the Women and Gender Equality Commission for the period 2022-2023 and for the period 2023-2024.
The measures will now proceed through the parliamentary process for further consideration by members of the National Assembly at the next sitting.
