GEORGETOWN, Guyana, CMC – Guyana is receiving more than Euro 23 million (One Euro = US$1.29 cents) from the European Union under an initiative that has so far provided nearly Euro 100 million as sector policy budget support.
Finance Minister Dr. Ashni Singh and the EU’s Ambassador here, Robert Kopecky signed the financing agreement for the Guyana Annual Action Programme 2012 on Accompanying Measures on sugar.
A joint EU-Guyana government statement said the Euro 23.35 million is the “penultimate of the multiannual programme, which commenced in 2006 and which has thus far provided some Euro 91.5 million to Guyana as Sector Policy Budget Support”.
