Micro and small scale businesses stand to see their capacity and productivity increase through a non-reimbursable US$5 million agreement signed yesterday between the Ministry of Finance and the Inter-American Development Bank (IDB).
Finance Minister Ashni Singh, signing on behalf of the Ministry, said that the initiative – long in the making – will be implemented by the Ministry of Tourism, Industry and Commerce along with Guyana’s Small Business Bureau and will facilitate the development of Guyana’s Micro and Small Business Enterprises.
Signing for the bank was Sophie Makonnen, the IDB’s Country Representative,