IN a recent live broadcast, President Dr. Irfaan Ali took a strong stance against critics of the government’s management of the Natural Resource Fund (NRF), asserting that opposition voices are more about political maneuvering than genuine concern for transparency and accountability.
His remarks highlight a critical need to dissect the narratives surrounding the NRF, and to engage in meaningful discourse rather than political theatrics.

The President’s defense of the NRF is rooted in a significant contrast between the previous administration’s approach, and the current government’s reforms. The original NRF Act, enacted in January 2019 by the then APNU+AFC government, was criticised for its opacity and lack of oversight.
It concentrated power in the hands of the Minister of Finance, allowing for substantial sums; over $292 billion in 2019 alone, to be spent without proper parliamentary scrutiny. This lack of transparency was not merely an oversight; it was a systemic issue that undermined public trust in governance.
In stark contrast, the PPP/C government’s 2021 NRF Act introduced vital reforms aimed at enhancing transparency and accountability. By establishing an independent board to oversee operations previously managed by ministers, the new legislation has shifted power dynamics significantly.
The introduction of stringent penalties for non-compliance with publication requirements demonstrates a commitment to governance that prioritises public interest over individual authority.
President Ali’s assertion that critics selectively distort facts raises an important point about accountability in political discourse. It is essential for all stakeholders to engage with the facts rather than rely on narratives that serve personal or political agendas. The President emphasised that those who claim expertise yet ignore factual realities are doing a disservice not only to their constituents but also to the democratic process itself.

Moreover, Ali’s critique of the previous administration’s financial practices serves as a reminder of the importance of historical context in evaluating current governance. The absence of opposition during crucial budgetary discussions raises questions about their commitment to constructive engagement.
Instead of offering solutions, or acknowledging improvements made under the new NRF framework, critics seem intent on perpetuating a narrative that overlooks significant progress.
The President’s call for recognition of who these critics are, and what they represent is timely. It urges citizens to scrutinise not just policies, but also the motivations behind political rhetoric. In an era where misinformation can easily cloud public perception, it is crucial for citizens to demand clarity and accountability from all political actors.

Ultimately, the management of natural resources is not merely a governmental responsibility; it is a societal obligation that requires collaboration, transparency, and unwavering commitment to public good. As Guyana navigates its path towards sustainable development fueled by its natural resources, it is imperative that all voices contribute constructively rather than detract from progress.
While criticism is an essential component of democracy, it must be grounded in facts, and aimed at fostering improvement rather than sowing discord.