Pact for $8B in sugar support sealed with EU

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The Ministry of Finance and the European Commission (EC) Delegation to Guyana have signed the Financing Agreement for 2007 paving the way for the disbursement of 27 million Euros or $8 billion later this year as part of the accompanying measures supporting the Guyana Sugar Adaptation Strategy.
Minister of Finance Dr Ashni Singh and Head of the EC Delegation Ambassador Geert Heikens signed the agreement in the Ministry of Finance Boardroom yesterday morning in the presence of Minister of Agriculture Robert Persaud, and Chief Executive of the Guyana Sugar Corporation (GUYSUCO), Nick Jackson among others……

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