Amerindian Development Fund to plough $360M into villages
-Ramotar tells Toshaos conference
President Donald Ramotar has instructed Minister of Finance, Dr. Ashni Singh to this week sign the disbursement agreement to set up the Amerindian Development Fund.
“I have requested of the Minister of Finance that during the course of this conference on behalf of the government of Guyana, to sign off on the disbursement agreement for the flow of the GRIF (Guyana REDD+ Investment Fund) funds, to allow for the implementation of (the) Amerindian Development Fund agreement with the United Nations Development Program (UNDP) to fund villages community projects. The agreement will see our villages benefit for approximately $360 million over the period of time,” Ramotar told Amerindian leaders at the opening of the sixth annual National Toshaos Council (NTC) conference yesterday. The funds will come from monies earned from Guyana’s forestry partnership with Norway.
Two weeks ago, Amer-indian Affairs Minister Pauline Sukhai had announc-ed that conference would culminate with the signing of an agreement the Amerindian Development Fund that will …..To continue reading, login or subscribe now.