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President Bharrat Jagdeo is in Washington DC to meet with officials of the Millennium Challenge Corporation (MCC) and USAID as both entities are partnering with government on a number of developmental projects.

According to a Government Informa-tion Agency (GINA) press release, on October 29 government and USAID launched the Guyana Threshold Country Plan Implemen-tation Project (GTCP/IP) which will focus on boosting the country’s economy. Guyana qualified for the programme after being assessed in three categories of indicators: ruling justly, investing in people and economic freedom. The country passed all indicators but two that relate to economic freedom where the country’s fiscal deficit was 8.12% while the Millennium Challenge Account’s (MCA) median is 3.48%. The country also fell down in the number of days which it takes to start a business – 46 while the MCA’s median is 43.

According to GINA Guyana was approved for MCA participation in 2005. A Concept Paper was developed and submitted to the MCC in March 2005 “stressing the need for a comprehensive approach for addressing the two key indicators which were not passed by the country,” the release said. The MCC Board approved the Threshold Country Plan in August 2007 and the project’s implementation started on January 14, 2008.

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Reader Comments

  1. mr caps UNITED STATES says:

    well i would love to know how president Bharrat Jagdeo fell that he have the opportunity to come to the U.S.A as he wish and just because of the Economic crissies in Guyana and how the Country is Going down other people cannot come here as the wishes too.

  2. BOND 005 CANADA says:

    This president shouldnt be in no aid program .This should be left for the NGO in Guyana to receive money from donor.Mr president please manage Guyana natural resources properly and avoid soliciting funds from international agencies.

    • Kaieteur Gold UNITED STATES says:

      Are you talking about the “bauxite”, “gold and diamonds”, “timber”…. industries among others and still going about “soliciting funds from international agencies”? What a pity – huh!

    • Cochore UNITED STATES says:

      Bond, my friend you’re onto something that is very interesting and embarrassing to say the least. The elected President of a sovereign nation (GUYANA) coming to Washington to meet with some unelected 3rd or 4th level officials at the USAID. If you ask me, I think that this job is best suited for the Ambassador (an unelected official) or even the Foreign Minister.
      Whatever happened to the diplomatic protocol of Presidents meeting with other Presidents?? I guess beggars can’t be choosers…Huh….

  3. drumup_change UNITED STATES says:

    ……..all program will be supervise ………no free B

  4. tiger CANADA says:

    wrong time to beg for money, taking into consideration the economic crises of the us who declare themselves officially in a resession.

  5. LINDENBANNA UNITED STATES says:

    RICHMAN, POORMAN, BEGGERMAN, THIEF,,,T

  6. Satish UNITED KINGDOM says:

    There are very many Guyanese including the Diaspora who do not understand what USAID understands.
    God bless America that even in her recession hit state, she is still trying to extend her hand in aiding Guyana.

    I would just like to repeat three judgements, which USAID has made about Guyana.

    1 The Government is ruling justly,

    2 The Government is investing in people and

    3 The Government is ensuring the country has economic freedom.

    We should all, (not just USAID) try and give the Government of Guyana a chance.

  7. SAM CANADA says:

    GUYANA COMING BACK. DAVE MARTINS SAID SO.

  8. LAMBADA. UNITED STATES says:

    ROME WAS NOT BUILD IN A DAY.

  9. Satish UNITED KINGDOM says:

    What I am saying tiger is that USAID has already agreed that Guyana is run well and YOU SHOULD ALSO AGREE THAT GUYANA IS RUN WELL.
    So please do not wait another 20??????? DO IT NOW.

  10. amen-ra UNITED STATES says:

    dats not true evileyes.



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