Georgetown: Guyana has been praised for its economy outstanding performance by Vice President of Operations at the Caribbean Development Bank (CDB), Dr. Carla Barnett.
“The international financial crises has impacted the region quite profoundly and the impact has been on the CDB the demand for additional borrowing because our borrowing member country has severe constraints, capacities to borrow at this time for many of the countries we have seen growth actually decline; Guyana is an exception to that and in the last few years we have seen the economy of Guyana actually expand and we would like to help the minister consolidate that growth.”
The CDB Vice President adds that there has not been a decline in contributors bringing monies to the bank. Currently the bank is negotiating the Special Development Fund aid which provides money for programmes under the basic needs trust fund.
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