Latest update October 11th, 2024 12:59 AM
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- President Ali announces: $200K cash grant to each household
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Guyana’s proposals for use of £ 53.2M still under examination
– UK High Commissioner
The Caribbean Development Bank (CDB) is still examining Guyana’s proposals for use of the £ 53.2M grant given by the United Kingdom.
In April Guyana identified and submitted project proposals for six major infrastructure development programmes to be funded by the grant.
These projects fall under waterfront development, water supply improvement and solid waste management. The grant was given under the newly established United Kingdom Caribbean Infrastructure Fund (UKCIF).
United Kingdom High Commissioner to Guyana, Gregory Quinn recently told Kaieteur News that the CDB is still examining Guyana’s proposals.
The envoy could not give a specific timeline as to when approval is likely to come from the CDB. He explained that the Bank is mandated to examine all aspects of each proposal which makes it difficult to give a specific time as to when word should be expected.
Minister of Finance, Winston Jordan along with Minister of Public Infrastructure David Patterson and Minister of Communities Ronald Bulkan met with Quinn and representatives of the CDB and the Department for International Fund (DFID) back in April to discuss the proposals. Quinn told Kaieteur News that these discussions went well.
United Kingdom High Commissioner, Greg Quinn
UKCIF is an ambitious investment undertaken by the United Kingdom which will provide grant funding to improve or create new infrastructures such as roads, bridges and ports to help drive economic growth and development in nine countries across the Caribbean region.
UK Prime Minister David Cameron announced the launch of the £300M Fund during his trip to Jamaica in 2015.
As a result, the Government of Guyana has identified and submitted project proposals for six (6) major infrastructure development programmes.
The identified interventions will see improved road networks, bridges, stellings and waterfronts, rehabilitation of airstrips, reliable access to potable water and reduced energy costs as well as tackle the environmental and health risks associated with the improper disposal of waste.
The CDB has been designated by the UK government to design, develop and implement the programme in collaboration with the government of Guyana. A team from the CDB is expected to visit Guyana shortly to discuss the start of project preparation activities with the relevant sectoral agencies.
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Don’t give them the money they are not going to do the things that they requested the money for, they are all going to pocket the money and leave the country just as it is now. Mr. Granger has to stop releasing the prisoners saying that they are in there for petty crime. Create jobs, better security for the citizens, build a bigger prison in Bartica, repair the roads, raise the wages, raise the NIS and the list goes on and on.