1. Home
  2. FINANCE
  3. NRF climbs to $741.3B at end of January

NRF climbs to $741.3B at end of January

NRF climbs to $741.3B at end of January
0

NRF climbs to $741.3B at end of January, boosted by oil inflows and interest earningsThe Natural Resource Fund (NRF) closed January 2026 with a balance of $741.3 billion, reflecting a sharp month-to-month increase driven mainly by oil revenues and interest earnings.

According to the Bank of Guyana’s latest monthly statement, the Fund’s closing balance stood at $741,272,728,000 at the end of January, up from an opening balance of $677,711,491,000 at the start of the month. The jump was largely supported by inflows of $38.4 billion in profit oil and $23.1 billion in royalties, along with $2.05 billion in interest income generated from the Fund’s holdings.

The report shows that there were no withdrawals from the Fund to the Consolidated Fund during January, allowing all revenues and earnings for the month to remain in the account and push the balance upward. In total, the NRF recorded a net result of $2.05 billion in investment income for the month, while management fees and other expenses remained at zero.

At the end of January, the Fund’s assets were held entirely in cash and cash equivalents, with the closing balance equivalent to approximately US$3.56 billion, based on an exchange rate of G$208.50 to US$1.

The monthly financial position reflects continued growth in the country’s oil-fund savings as production revenues and investment income continue to accumulate.

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *