Guyana signs new pact for $1.7b Chinese aid

Finance Minister Dr Ashni Singh and China’s Ambassador to Guyana Zhang Limin signing the agreement yesterday

Guyana and China yesterday signed an agreement which will see China providing $50 million Renminbi ($1.7B or US$8.2 million) in grant financing.

According to Finance Minister Ashni Singh, the funds will help bolster Guyana’s economic and social development.

During the signing, which took place at the Ministry of Finance Boardroom, both Singh,