Two planes will be acquired for the Guyana Defence Force (GDF) under an India EXIM Bank credit as the government here moves to enhance the country’s defence capability.
Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr Ashni Singh yesterday on behalf of the Government of Guyana, signed a Line of Credit (LOC) Agreement of US$23.27 million, with the Export-Import Bank of India (EXIM Bank), for the procurement of two aircraft. Signing on behalf of the Indian EXIM Bank was its Deputy General Manager – Line of Credit Group, Sanjay Lamba.
