This  Agreement is  made  on  December  11,  2019,  between the  Minister of Finance (“Minister”) representing the Government of the Cooperative Republic of Guyana and the Bank of Guyana (“the Bank”), hereinafter referred  to as the “Parties”.
 
Whereas
I.   In  accordance with section  11  of the  Guyana  Natural Resource  Fund  Act
2019 (“the Act”), the Minister  is responsible for the overall management of the Fund;
 
II. The Minister is required to enter into an Operational Agreement with the Bank  for the  operational  management of the  Guyana  Natural  Resource Fund,  (“the Fund”);  and
 
III. In accordance with section  12  of the Act, the  Bank  is responsible for  the efficient operational management of the Fund.