—Funding targets housing expansion, gas-to-energy and other priority programmes

SENIOR Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh, on Friday tabled a $54.9 billion Supplementary Financial Paper in the National Assembly, seeking parliamentary approval for additional spending to accelerate key development projects and programmes across the country.
The financial paper was presented during the fourth sitting of the Thirteenth Parliament as Supplementary Financial Paper Number One of 2026, which outlines funding requirements for several priority sectors as the People’s Progressive Party/Civic (PPP/C) administration seeks to advance its agenda during its new term in office.
The largest allocation being sought is $19.1 billion under the Office of the Prime Minister to provide additional resources for ongoing initiatives, including the Gas-to-Energy Project, which is expected to significantly reduce electricity costs for consumers when it becomes operational.
Another major component of the supplementary request is $17.5 billion for the housing sector to support an accelerated work programme.
This additional funding comes as the government pushes ahead with commitments outlined in its 2026 manifesto, including the expansion of housing schemes, the construction of 40,000 new homes, the elimination of housing application backlogs and the fast-tracking of pending applications across the country.
The housing sector had already received a record $159.1 billion allocation in Budget 2026, reflecting its importance within the government’s development agenda.
The supplementary paper also seeks $8.5 billion for the Ministry of Public Works. Of this amount, $6 billion is earmarked for miscellaneous roads and drainage works, while $2.5 billion will be directed towards hinterland roads to improve connectivity and transportation access across the country.
Meanwhile, the Ministry of Agriculture is seeking an additional $8.3 billion to strengthen support for the agriculture sector.
This proposed allocation includes $807.5 million for the Guyana Rice Development Board (GRDB), $3 billion for the Guyana Sugar Corporation (GuySuCo), and $4.5 billion for the National Drainage and Irrigation Authority (NDIA).
Further provisions are also being requested under the Ministry of Public Utilities and Aviation, including $600 million for the maintenance of coastal airstrips and $496.3 million to support water interventions, including the establishment and operation of water filling stations.
Additionally, the Ministry of Home Affairs is seeking $60 million to support an accelerated work programme for the Customs Anti-Narcotic Unit (CANU).
According to the Ministry of Finance, the supplementary provisions are intended to sustain and expand investments that have been rolled out over the past five years and are continuing under the administration’s new term.
The investments, it was noted, span housing, transportation, agriculture, drainage and irrigation, healthcare, education, energy and digital transformation initiatives aimed at improving access to services and enhancing citizens’ quality of life.
The government said the additional resources requested through the supplementary paper will support intensified implementation of these programmes as development works continue across Guyana.