Pact signed with India for US$17.5M upgrade of regional hospitals

Minister of Finance, Winston Jordan (centre) shaking hands with Exim Bank of India’s Resident Representative Sailesh Prasad, after signing the line of credit agreement. Also present are Guyana’s High Commissioner to India, Dr. David Pollard (left), Minister of Public Health, Volda Lawrence (second from left) and India’s High Commissioner to Guyana, V. Mahalingam.

The Ministry of Finance yesterday signed a US$17.5 ($3.7b) million line of credit agreement with the Exim Bank of India, which will be used to upgrade the Bartica, Suddie and the West Demerara Regional Hospitals.

Announced earlier this year, the line of credit had originally been assigned for the construction of a specialty hospital which this government had signalled it wasn’t interested in pursuing.