Guyana secures critical CDF funding to help bolster agricultural sector
Jul 08, 2013
GEORGETOWN, Guyana, Chronicle - FINANCE Minister Dr. Ashni Singh and CEO of the CARICOM Development Fund (CDF), Ambassador Lorne McDonnough yesterday signed a
country assistance programme agreement that will see some US$7.32M being ploughed into Guyana’s agriculture sector.
The deal was inked in the presence of President Donald Ramotar on the fringes of the just-concluded annual Heads of Government meet in Port of Spain, Trinidad.
Under this Agreement, the Fund will provide much-needed assistance in the form of a blended Loan and grant, not exceeding US$7,317,996. This is to be complemented by counterpart resources from the GoG for an amount not less than US$1,779,504.
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