Georgetown : The Guyana Government has now decided to find US$3M to fund the solar panel project, an intervention which President believes should not have been the alternative since the Norway funds have already been earned. “I’m not waiting on any international organization…this is not charity, the $70M is money that we earned. The Prime Minister of Norway said this is payment for services,” President Jagdeo said adding that plans were also made for some of the money to finance demarcation.
The President made these statements during the 5th National Toshaos conference.
The project is one of several identified as priorities under the Low Carbon Development Strategy (LCDS) that will be made a reality this year with the US$70M already earned through a partnership accord with the Government of Norway.
Accessing the funds has however has been a “nightmare” according to President Jagdeo who threw the blame at the “bureaucratic” regime of the financial institution in which Guyana’s earnings are locked away.
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