Latest update September 13th, 2026 10:36 AM
UK raises Guyana’s credit limit to £3B
…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.
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