Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh, on Monday presented the Natural Resource Fund (NRF) Annual Report for the 2025 fiscal year to the National Assembly, in keeping with the requirements of the Natural Resource Fund Act 2021. The report was tabled under Section 32(4) of the Act, alongside the Public Accountability and Oversight Committee’s 2025 Annual Report and notifications of petroleum revenues paid into the Fund during the period April 1 to June 30, 2026. According to the Finance Ministry, the submissions is part of the Government’s statutory reporting obligations for the management of the country’s oil revenues. During the presentation, Dr Singh acknowledged the work of the NRF Board of Directors, the Public Accountability and Oversight Committee, and the Investment Committee in carrying out their responsibilities. The current NRF Board, reappointed on August 31, 2024, is chaired by Major General (Ret’d) Joseph Singh and includes Dunstan Barrow, Ramesh Dookhoo, Carolyn Rodrigues-Birkett and Professor Compton Bourne. The Speaker of the National Assembly also circulated the Public Accountability and Oversight Committee’s Annual Report for 2025, as required under Section 6(6) of the NRF Act.

The committee, which was also reappointed on August 31, 2024, is chaired by Clement Sealey and comprises representatives from the National Assembly, the religious community, the private sector, organised labour and the professions. According to the Ministry, the nine-member committee is responsible for providing non-governmental oversight of the operations of the Fund, replacing the 22-member committee established under the previous NRF Act of 2019. Dr Singh also presented notifications to the National Assembly detailing all petroleum revenues paid into the Fund between April 1 and June 30, 2026, in accordance with Section 33(2) of the Act. The Ministry reported that the balance of the Natural Resource Fund stood at just under US$4 billion at the end of May 2026. The Ministry also highlighted findings from the International Monetary Fund’s (IMF) 2025 Article IV Mission, which noted progress in strengthening the governance of the Fund and improving fiscal transparency. In its staff concluding statement, the IMF had said that the authorities had advanced governance of the NRF through the presentation of annual reports to Parliament, regular publication and parliamentary notification of petroleum revenue receipts, and the Bank of Guyana’s monthly and quarterly reports on the Fund’s financial performance. The Government said it will continue to manage the country’s oil revenues in accordance with the provisions of the NRF Act and direct the Fund’s resources toward investments intended to benefit both current and future generations.