Republic Bank to offer $20B credit for regional agri development

CARICOM LEADERS: front row (l-r): Irfaan Ali, President, Guyana; Roosevelt Skerrit, Prime Minister, Dominica; Chandrikapersad Santokhi, President, Suriname; Chairman, Prime Minister John Antonio Briceño, Belize; Secretary-General, CARICOM, Dr Carla Barnett; Dr Keith Mitchell, Prime Minister, Grenada; Mia Mottley, Prime Minister, Barbados; Phillip Davis, Prime Minister, The Bahamas Back row (l-r): Kamina Johnson-Smith, Foreign Minister, Jamaica; Alva Baptiste, Foreign Minister, Saint Lucia; Natalio Wheatley, Deputy Premier, British Virgin Islands; Charles Washington Misick, Premier, Turks and Caicos Islands; Joseph E. Farrell, Premier, Montserrat, .E. Ariel Henry, Acting President and Prime Minister, Haiti; Senator Dr Amery Browne, Foreign Minister, Trinidad and Tobago; Montgomery Daniel, Deputy Prime Minister, St. Vincent and the Grenadines (CARICOM photo)

Guyana’s President Irfaan Ali told Regional Heads of Government yesterday that Trinidad-based Republic Bank, through the CARICOM Sustainability Agriculture Credit Facility will be offering up to $20 billion (US$100 million) in financing for the development of the agriculture sector.

Ali made the statement while presenting the report of the Special Ministerial Taskforce on Agriculture, Agricultural Diversification and Food Security to the 33rd Inter-Sessional Meeting of the Conference of Heads of Government of CARICOM, currently being held in Belize. Guyana is chair of the special task force.