UK raises Guyana’s credit limit to £3B

Oct 09, 2025 News

…says move signals strong confidence in booming economy

(Kaieteur News) – The United Kingdom has increased its export credit ceiling for Guyana from £2.1 billion to £3 billion, signalling growing confidence in the country’s economic expansion and fiscal stability.

The announcement was made on Wednesday by the UK Export Finance (UKEF) — the UK government’s official export credit agency during a meeting with President Dr. Mohamed Irfaan Ali, attended by a UKEF delegation and His Majesty’s Deputy Trade Commissioner for Latin America and the Caribbean.

According to a statement, the higher financing capacity “reflects the UK’s confidence in Guyana’s economic trajectory and fiscal sustainability, and marks a further deepening of bilateral relations between the two nations.”

President Ali, in outlining his priorities for UKEF support, said the announcement comes at a “pivotal moment” as Guyana ramps up infrastructure development and strengthens its position as a major investment destination.

“The British High Commission looks forward to supporting sustainable growth and shared prosperity through this collaboration between the UK and Guyana,” the statement concluded.

Discover more from Kaieteur News

Subscribe to get the latest posts sent to your email.

booming economy, credit limit, loans, UK Guyana

Latest News