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CDB President in Guyana for three-day visit
The Caribbean Development Bank (CDB) has an extremely important role to play in supporting economic and social development in Guyana and the wider Caribbean, according to Finance Minister Dr. Ashni Singh.
Singh was recently elected as the new Chairman of the Board of Governors of the Bank at the Bank’s last annual meeting held in St. Lucia in May.
CDB’s President, Dr. William Warren Smith
Minister Singh yesterday announced that the President of the CDB, Dr. William Warren Smith, is in Guyana on a three-day visit and will call on President Donald Ramotar and CARICOM Secretary General, Irwin LaRocque.
This is the CDB’s President’s second visit to this country. The Minister said that Guyana was the first country that Dr. Smith had visited after he assumed the Presidency of the Bank in May 2011.
The CDB’s current portfolio of projects in Guyana includes a US$34M project to rehabilitate the West Coast Demerara Road, a US$16M project to upgrade hundreds of community roads, a US$7M project to construct two new technical and vocational education centres, and the provision of grant resources to fund the flagship, the Basic Needs Trust Fund poverty programme.
“These interventions taken individually or as collective, have and will benefit all segments of the population, underscoring the confidence and prominence we as a Government place on CDB as a key development partner,” Dr. Singh is quoted as saying a government release.
Dr. Smith’s visit coincides with the launching of the Basic Needs Trust Fund’s Seventh Cycle, a programme that has provided resources to vulnerable communities in order to improve access to basic public services.
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