Guyana is expected to improve the efficiency and effectiveness of its public policy and fiscal management response to the COVID-19 pandemic with a US$130 million loan from the Inter-American Development Bank (IDB).
In a press release issued on Friday, the bank said the operation, the second of a two programmatic-based loan series, will support the Guyana government’s efforts to promote macroeconomic stability and withdraw emergency tax measures as part of a strategy to adapt its public policy and fiscal response to the new phase of the COVID-19 pandemic.
