Guyana to get $9.3B from EU

Guyana’s Foreign Minister Carolyn Rodrigues-Birkett (left) and European Commissioner for Development Andris Piebalgs after the signing of Guyana’s NIP. (EU photo)

European Commissioner for Development Andris Piebalgs yesterday signed development programmes for 21 African, Caribbean and Pacific (ACP) group countries and Guyana’s allocation is Euros 34 Million ($9.28B) over the next seven years.

A release from the European Union yesterday said that the funds for Guyana will focus mainly on climate change adaptation and disaster risk reduction, including sea defences. The agreement was signed in the Pacific Ocean island of Samoa.

The funds have been allocated to the countries’ National Indicative Programmes under the