Gov’t discusses investment opportunities with IDB private sector arm

The meeting in progress (Ministry of Finance photo)
The meeting in progress (Ministry of Finance photo)

Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh and officials from his ministry yesterday met with Chief Executive Officer (CEO) of the Inter-American Development Bank (IDB)-Invest James Scriven and team to examine the range of private sector opportunities in Guyana the Bank can support.

Later in the day, a release from the Ministry of Finance said that Singh hosted a Roundtable meeting with Representatives of the Private Sector and Scriven and team to discuss Guyana’s Development Agenda.

The meeting focused on the wide range of private sector opportunities for possible investment such as an expansion of trade financing with Commercial Banks and providing support to micro enterprises.  Discussions also centred on various sectors poised for rapid expansion including oil and gas, agriculture and agro-processing, tourism and Information Communi-cations Technology (ICT) such as the Business Process Outsourcing (BPO) sector. It also allowed for an examination of available financing instruments, the release added.