Close Menu
DemocracyGuyana.comDemocracyGuyana.com

    Subscribe to Updates

    Get the latest news from DemocracyGuyana.com

    What's Hot

    Household Savings Up. Rising Incomes. Lower NPLs. Household Wealth Growing.

    August 28, 2025

    Setting the Record Straight on Oil & Gas: The PPP/C’s Proven Track Record and the Correction of the Imbalanced Legal Framework Inherited from the 1986 PNC Regime

    August 27, 2025

    Elections 2025 โ€“ finishing line in sight and President Ali is set for a second term

    August 27, 2025
    Facebook X (Twitter) Instagram
    • About DG
    • Join as Volunteers
    • Become a Member
    Facebook X (Twitter) Instagram YouTube TikTok
    DemocracyGuyana.comDemocracyGuyana.com
    Jet Global Airways
    • Home
    • Diaspora
    • Guyana News
    • Global News
    • Artificial Intelligence
    • Business Opportunities
    • Advertise with us
    • Photo Gallery
    • Videos
    • World Newspapers
    • Contact Us
    DemocracyGuyana.comDemocracyGuyana.com
    Home»Featured»Guyana’s Oil Revenue Savings: Fact vs. Fiction
    Featured

    Guyana’s Oil Revenue Savings: Fact vs. Fiction

    Joel BhagwandinBy Joel BhagwandinNo Comments1 Min Read134 Views
    Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
    Joel Bhagwandin
    Joel Bhagwandin
    Share
    Facebook Twitter LinkedIn Pinterest Email
    ๐Ÿ—ฃ๏ธ On the campaign trail, Dr. Terrence Campbell of APNU claimed the PPP/C government is spending 95% of Guyanaโ€™s oil revenues and pledged to save 25% annually.
    ๐Ÿ“Œ ๐—™๐—ฎ๐—ฐ๐˜ ๐—–๐—ต๐—ฒ๐—ฐ๐—ธ: The Bank of Guyanaโ€™s Natural Resource Fund (NRF) report shows the PPP/C has already saved 46% of non-interest inflows and 48% of total inflows since inception.
    Thatโ€™s nearly double the savings target APNU is proposing.
    ๐Ÿ” ๐๐‘๐… ๐’๐ง๐š๐ฉ๐ฌ๐ก๐จ๐ญ (๐๐Ÿ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“)
    โ€ข ๐Ÿ’ฐ Total Inflows: US$6.655B
    โ€ข ๐Ÿฆ Withdrawals: US$3.6B
    โ€ข ๐Ÿ“ˆ Interest Earned: US$279M
    โ€ข ๐Ÿ’ผ Net Savings: US$3B
    โ€ข ๐Ÿ“Š Total Market Value in NRF: US$3.339B
    โœ… Conclusion: The PPP/Cโ€™s fiscal discipline is evident. Guyanaโ€™s oil wealth is being responsibly managedโ€”contrary to political claims.
    Featured Bottom Left
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Joel Bhagwandin
    Joel Bhagwandin

    Related Posts

    Household Savings Up. Rising Incomes. Lower NPLs. Household Wealth Growing.

    Setting the Record Straight on Oil & Gas: The PPP/C’s Proven Track Record and the Correction of the Imbalanced Legal Framework Inherited from the 1986 PNC Regime

    Elections 2025 โ€“ finishing line in sight and President Ali is set for a second term

    From Bankruptcy to Resilience (6 Days to Election)

    APNU’s rent-to-own scheme is a raw deal for first-time homeowners.

    Dangerous warnings, elections posturing

    Leave A Reply Cancel Reply

    Top Posts

    What do you make of it? by Leonard Craig

    November 18, 2024744K Views

    President Irfaan Ali Emphasises Discipline and Accountability Over Project Delays

    November 13, 2024566K Views

    The Hollow Ambitions of Nigel Hughes: A Political Opportunist and Exhibitionist with Empty Promises.

    July 11, 2024100K Views
    Don't Miss

    Household Savings Up. Rising Incomes. Lower NPLs. Household Wealth Growing.

    The PPP/C track record proves one thing: households moved from ๐—ณ๐—ฟ๐—ฎ๐—ด๐—ถ๐—น๐—ฒ โ†’ ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐˜, ๐˜„๐—ถ๐˜๐—ต ๐—ถ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€,…

    Setting the Record Straight on Oil & Gas: The PPP/C’s Proven Track Record and the Correction of the Imbalanced Legal Framework Inherited from the 1986 PNC Regime

    August 27, 2025

    Elections 2025 โ€“ finishing line in sight and President Ali is set for a second term

    August 27, 2025

    From Bankruptcy to Resilience (6 Days to Election)

    August 27, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    72

    Over 50 poisoned at wedding in Iraq

    8.9

    EAM Jaishankar Meets Guyanese PM Mark Phillips, Discuss Energy, Disaster Resilience And Defence Cooperation

    Most Popular

    What do you make of it? by Leonard Craig

    November 18, 2024744K Views

    President Irfaan Ali Emphasises Discipline and Accountability Over Project Delays

    November 13, 2024566K Views

    The Hollow Ambitions of Nigel Hughes: A Political Opportunist and Exhibitionist with Empty Promises.

    July 11, 2024100K Views
    Our Picks

    Household Savings Up. Rising Incomes. Lower NPLs. Household Wealth Growing.

    August 28, 2025

    Setting the Record Straight on Oil & Gas: The PPP/C’s Proven Track Record and the Correction of the Imbalanced Legal Framework Inherited from the 1986 PNC Regime

    August 27, 2025

    Elections 2025 โ€“ finishing line in sight and President Ali is set for a second term

    August 27, 2025
    Popular Categories
    • Global News
    • Election Rigging
    • Sports
    • Special News
    Do you want to associate with us
    • Business Opportunities
    • Advertise with us
    • Contact Us
    • www.democracyguyana.com Guyana โ€“ London โ€“ India

      For more information, contact us.
    DemocracyGuyana.com
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    • About DG
    • Become a Member
    • Join as Volunteers
    • Forum
    • Advertise with us
    DG BRANCHES: GUYANA, USA, CANADA, UK, CARIBBEAN, AND INDIA
    © 2025 DemocracyGuyana.com.

    Type above and press Enter to search. Press Esc to cancel.