Gov’t, manufacturers agree on revolving fund for retooling

The meeting in progress (Ministry of Finance photo)

Government and the manufacturers’ body have agreed on a series of measures to boost business including the creation of a revolving fund which will allow modernising and retooling of production processes.

This was disclosed yesterday in a statement from the Ministry of Finance on the First Inter –Ministerial Round Table with the Guyana Manufacturing and Services  Association (GMSA) on Friday at the Ministry of Finance.

No details were provided on how the fund would be composed.