Guyana to explore joining Islamic Development Bank

From left to right are: Ministry of Finance’s Chief Planning Officer, Clyde Roopchand; President of the Islamic Development Bank, Dr. Ahmed Mohammed Ali Al Madani; Minister Dr. Ashni Singh, Acting Governor of the Bank of Guyana Dr. Gobin Ganga and Guyana’s Ambassador to the United States, Bayney Karran (Ministry of Finance photo)

Finance Minister Dr Ashni Singh says Guyana is considering joining the Islamic Development Bank, after meeting with the Bank’s leadership during a visit to the US capital recently.

“The Islamic Development Bank aims to foster economic and social progress and is an internationally respected development institution, Dr Singh said in a press release from the ministry. “Furthermore, Islamic finance is currently attracting more international attention than ever before. In addition, Guyana is already a member of the Organisation of Islamic