Finance Minister seeking funds for agri sector

Senior Minister of Finance Dr. Ashni Singh (second from left), Head of the Project Cycle Management Division (PCMD), Tarachand Balgobin (right) and PCMD’s Senior Economics and Financial Analyst Ronette Hetsberger-Murray (left) during the meeting. (DPI photo)

Senior Minister in the Office of the President (OP) with responsibility for Finance, Dr. Ashni Singh, today began discussions with the International Fund for Agricultural Development (IFAD) to access funding to reinvigorate the agricultural sector.

The Department of Public Information (DPI) said that the virtual meeting was held with IFAD Country Director Maija Peltola in the Ministry’s Boardroom.

DPI said that Head of the Project Cycle Management Division (PCMD),  Tarachand Balgobin and PCMD’s Senior Economics and Financial Analyst Ronette Hetsberger-Murray also attended the meeting.

Since taking office, the PPP/C government has moved to mobilise funding for key sectors. This has raised concerns about the level of debt that it intends to take on and how this correlates with oil revenues.