– Sports Commission hoping for $1BThe Guyana Gold Board (GGB) and its sister agency, Guyana Geology and Mines Commission (GGMC) have topped government’s statutory bodies with the largest budgets.Out of 41 statutory bodies,Jerseys NFL China, GGB has been a key entity because of the current gold rush which over the last few years has swelled Guyana’s treasury. Gold has overtaken sugar and rice to become the biggest foreign currency earner in recent years.This year GGB has set its budget at a hefty $102.5B, down $6B from 2012. The Board is the government agency that trades in gold.GGB is expected to rake in $95.7B from sales and services and another $6.8B from other miscellaneous receipts.The Board would have benefitted especially from last year’s highest gold production of 438,NFL Jerseys China,645 ounces and there seems to be no sign of letting up in investments in the ‘bush’ which topped US$100M in 2011.Mining regulator, GGMC, is next on the list with a $10B budget this year – just $700M less than what was spent in 2012. GGMC is expected to earn $9.4B in rents and royalties.The agency last year received fines and fees to the tune of $231M and is targeting $165M this year.Another semi-autonomous state agency,NFL Jerseys Outlet, the Guyana Forestry Commission (GFC) has set a budget of $720M as against the $677M for 2012.GFC, which regulates forestry activities in Guyana, last year earned $644M and is targeting $44M more in 2013.While it collected fees and fines of $389M in 2012, it is targeting $402M this year.All three agencies have been placed under the Ministry of Natural Resources and the Environment, a new ministry that was created under the Donald Ramotar administration and is being managed by Minister Robert Persaud.All three entities also have not been taking monies from Central Government in the form of subsidies or otherwise.The Audit Office of Guyana, which examines accounts for government and its agencies, has seen its budget go up over the years. The body answers to the Public Accounts Committee of the National Assembly. In 2011, its operating expenses rose from $479M to $618M.The National Drainage and Irrigation Authority (NDIA), which overlooks drainage across the country,NFL Jerseys Cheap, has set itself a budget of $2.4B as against the $3.1B last year.The Demerara Harbour Bridge Corporation (DHBC) budget is expected to rise $35M this year from the $700M in 2012.The National Library, another statutory body has a budget of $7M, more than the $183M it had set itself in 2012.While the University of Guyana Turkeyen Campus, would have revised its budget last year to $1.7B,Cheap NFL Jerseys, this year it is raising this by $37M. The Berbice campus is targeting $260M – $4M more than 2012 to run its operations.Meanwhile,Cheap Baltimore Orioles Jerseys, the National Sports Commission will this year see almost $500M being infused by the Central Government. Last year,World Baseball Classic Jerseys Outlet, the Commission’s was $570M. This year that budget has jumped to $1B.
