Avoid using oil money as ‘emergency slush fund’, urges financial analyst.

Challenges brought on by unprecedented flooding across Guyana and the impact of the COVID-19 pandemic have seen some sections of the populace calling for government to tap into the Natural Resource Fund (NRF) which currently holds over US$344M in oil revenue. While this may be a tempting option, using the NRF as an emergency slush fund would only set an unfavourable precedence for Guyana, according to Financial Analyst, Mr. Floyd Haynes in a recent interview on Kaieteur Radio’s Governance, Corruption and Justice.