IDB approves US$66M for road upgrades, urban transport study

The Inter-American Development Bank (IDB) yesterday announced the approval of loans totalling US$66.2M ($13.6B) to Guyana to finance the upgrade and maintenance of the road network.

According to a release from the IDB, the programme includes resources to strengthen the executing agency – the Ministry of Public Works – and is expected to enhance urban and suburban mobility and safety by reducing travel times, vehicle operation costs and accidents