President Irfaan Ali yesterday announced that in collaboration with Demerara Bank Limited (DBL), the Government will establish a $900m revolving fund to boost the production of the forestry sector.
The Head of State made the announcement at a stakeholder engagement at the Guyana Forestry Commission (GFC) in Kingston.
The $900m revolving fund, the President said, will attract an interest rate of 4% which he described as “unbelievable”.
