Minister of Finance, Dr Ashni Singh today signed a bilateral debt relief agreement to cancel around US$2.9M of Guyana’s debt owed to Bulgaria. The agreement will be effective from December 31, 2012. A balance of around US$322,578 would be rescheduled and repaid over three years, according to a press release today from NICIL/Privatisation Unit.
From left to right: Dr. Petar Chobanov, Bulgaria’s Minister of Finance, Clyde Roopchand, Chief Planning Officer within Guyana’s Ministry of Finance and Guyana’s Minister of Finance Dr. Ashni Singh signing the deal in the board room at the World Bank in Washington DC. (Privatisation Unit/NICIL photo)