A US$30.4 million Inter-American Development Bank (IDB) loan recently extended to Guyana is intended to add weight to the country’s efforts to seek to maintain minimum levels of quality of life for vulnerable persons amidst the welfare-related pressures brought about by the COVID-19 pandemic.
Approval of the loan was announced on Tuesday December 8 and it is intended to target, particularly, the alleviation of the COVID-19-related hardships of vulnerable groups including low-income families, the elderly, persons with disabilities, and disadvantaged women. It will also help to respond to the negative impact which the pandemic has had on education delivery.
