Friday, August 5th, 2016
The APNU+AFC used close to half a billion dollars ($479M) to complete the Durban Park Development Project to facilitate the hosting of Guyana’s 50th anniversary celebrations. This was revealed during a breakdown of close to $3 billion, which it spent in addition to the 2016 National Budget.
Here's a look at some of the expenditure provided by Finance Minister Winston Jordan yesterday:
1. $234 million was spent by the Agriculture Ministry as part of its subsidies and contri...butions to local organisations.
2. The Public Health Ministry utilised an additional $63.5 million to pay rental for the storage of pharmaceuticals between March and June of this year, in addition to payments for rental to the Linden Holding Company, “as per Cabinet decision for the month of July 2016” in addition to the payment of a security deposit.
3. $20 million was used by the GDF “as provision to offset expenses for the procurement of maps and writing materials which aided in the development of Orders and other related documents in support of the 46th Republic anniversary celebrations, 50th Independence anniversary celebrations and intensifying operation DRAGNET.”
The GDF also benefited from an additional $54 million. This money was utilised for “operational readiness of ranks for parades that ensured the success of operation DRAGNET over the 46th Republic Day and 50th independence anniversary celebrations.
The Finance Minister also submitted a second financial paper totalling just over $2 billion to be spent by a number of Government budget agencies including the recently established Telecommunications Ministry.