EU hands over 24m Euros to Guyana under sugar scheme

By Stabroek News On In Guyana News |
Stefano Manservisi (right), Director General for International Cooperation and Development of the European Commission with Minister of Finance Winston Jordan.
Stefano Manservisi (right), Director General for International Cooperation and Development of the European Commission with Minister of Finance Winston Jordan.

The European Union (EU) on Tuesday handed over 24 million Euros ($5.2b) to Guyana under a sugar programme which had been put on hold after Parliament was prorogued by former President Donald Ramotar in 2014.

A release yesterday from the Ministry of Foreign Affairs said that on Tuesday, Stefano Manservisi, Director General for International Cooperation and Development of the European Commission and Guyana’s Finance Minister Winston Jordan signed documents triggering the release to Guyana of over 24,424,000 Euros.