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Guyana and Canada Forge Ahead with New Loan Agreement Amid Rising Debt Concerns

As the sun rises over Georgetown, the capital city of Guyana, a monumental financial agreement is on the horizon. In a significant move that underscores the deepening relationship between Guyana and Canada, officials are poised to ink a new loan agreement. At the heart of this agreement is the aspiration to bolster Guyana’s efforts in poverty reduction, peace, security, and the achievement of Sustainable Development Goals. However, this financial embrace comes at a time when Guyana’s debt is under the microscope, sparking conversations about the future.

Strengthening Ties with Strategic Financing

During a highly anticipated visit, Canada’s Minister of International Development, Ahmed Hussen, and Assistant Deputy Minister for the Americas, Mr. Glen Linder, will lead the charge in signing the Sovereign Loan Programme…

Read more at bnnbreaking.com

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