Guyana and the IDB have agreed to a reformulated US$26.9m loan which will focus on cleaner energy among other things.
It was one of three arrangements clinched yesterday on the sidelines of the Inter-American Development Bank’s (IDB’s) consultation with its Carib-bean governors. (See other story on page 3.)
Minister in the Office of the President with responsibility for finance, Dr Ashni Singh and the IDB President Ilan Goldfajn signed the US$26.9m agreement pertaining to an already existing Energy Sector Loan Agreement which has now been repurposed by the government to suit the current needs in the sector.
