US Eximbank offers US$2B in funding to Guyana

US Eximbank offers US$2B in funding to Guyana
From L – R: United States Ambassador to Guyana Sarah-Ann Lynch,  President of the EXIM Bank, Reta Jo Lewis, President Irfaan Ali and former Prime Minister Samuel Hinds. [Photo: Office of the President/ July 27, 2022]

The Guyanese Head of State regarded the signing of the MoU and a demonstration of the commitment to remove inhibiting factors that have long affected easy access to financing by countries across the Caribbean region, including Guyana.

“It is the single most important signal for Guyana and the region that the United States is serious about its commitment and promise.

“This signal is an open invitation for the private sector and leadership of both countries,” Dr. Ali said.

In anticipation of a visit by representatives of the bank and the U.S private sector, Dr. Ali assured the gathering that Guyana would make full use of the opportunity afforded to it.

“This is not a simple MoU but one that has the potential to unlock all of this… We will aggressively and actively pursue this MoU to its full realization, ensuring a win-win for us both.

Dr. Ali said on his return home, he will immediately examine the next steps and looks forward to pairing opportunities between the private sector in the United States and Guyana.

“Our connection is not only geographic in the space called the western hemisphere but we are closely connected because the largest diaspora of Guyanese resides in the United States, so we have people to people and cultural connection,” Dr. Ali said noting that in this development phase of the country the government wants to see the United States participation.

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