Latest update March 21st, 2025 7:03 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

LEAP programme to continue through private corporation

Apr 02, 2009 News

The Linden Economic Advancement Programme’s (LEAP) Advisory Committee yesterday, in a statement to the media, said that is pleased to update the residents of Region Ten on the welcome news that the government has endorsed its proposal for continuity of the LEAP programme through the creation of a private corporation.
It has been suggested that this successor organisation to LEAP be named the Guyana Enterprise Corporation, headquartered in Region Ten and mandated to carry out the activities and provide those services of the LEAP programme, which have been retained, inclusive of the provision of credit services.
It added that the Guyana Government has acknowledged the success of the Linden Economic Advancement Fund (LEAF) during the three and one half years of operation, and has stated its appreciation for the work of the management, staffs and especially the clients in Region Ten who have to date repaid $305M to sustain the revolving fund.
The Private Sector Community in Region Ten has contributed to a rich portfolio, which is assisting the diversity of the economic base of the Region Ten.
In line with the Agreement signed with the European Commission (EC) to establish LEAF, loan approvals and disbursements ended on Tuesday.
After a brief period of review, it is the government’s intention to put in place the necessary arrangements to continue micro and small business credit facilities to Region Ten from the proceeds of the repayments of the LEAF loans.
Repayment of loans now in circulation will continue through this period.

Similar Articles

The Glenn Lall Show|| March, 17th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

NSC, Office of the DPP to host Criminal Law and Sexual Offences Act meeting tomorrow

NSC, Office of the DPP to host Criminal Law and Sexual Offences Act...

Mar 21, 2025

Kaieteur Sports– In a proactive move to foster a safer and more responsible sporting environment, the National Sports Commission (NSC), in collaboration with the Office of the Director of...
Read More
Lucas Chung maintains strong standing at 2nd Qualifier

Lucas Chung maintains strong standing at 2nd...

Mar 21, 2025

Farm Supplies Ltd. supports Bartica Regatta 2025

Farm Supplies Ltd. supports Bartica Regatta 2025

Mar 21, 2025

Legislation and Investment: Trinidad to Brazil, Guyana finds new lifeline

Legislation and Investment: Trinidad to Brazil,...

Mar 21, 2025

Three more matches billed for this weekend

Three more matches billed for this weekend

Mar 21, 2025

CM Khan rules at 2025 National Blitz Chess Championships

CM Khan rules at 2025 National Blitz Chess...

Mar 21, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]