Guyana secures US$21M World Bank loan for education, flood control

Minister of Finance Dr Ashni Singh shakes hands with Director of the Caribbean Country Management Unit of the World Bank Sophie Sirtaine after the signing. (Ministry of Finance photo)

Minister of Finance Dr Ashni Singh has signed two agreements with the World Bank that will support Guyana’s education and agriculture sectors with funding totalling US$21 million.

According to a press release from the Ministry of Finance, the agreement was signed in Washington last week with Director of the Caribbean Country Management Unit of the World Bank Sophie Sirtaine.

In the education sector, a loan of US$10 million will support increased enrollment in general secondary schools and improve standards of