With major national infrastructural projects in the pipeline, Vice President Bharrat Jagdeo yesterday said government is aggressively seeking financing from different sources, including China, which he argued has more favourable terms and conditions for lending.
Jagdeo made the comment at a news conference at the Arthur Chung Conference Centre in response to the recent reports of Guyana being able to access US$1.5 billion in loans from China to finance big ticket projects.
While that sum is available to Guyana, he told reporters during his press conference that projects to be funded by the loans are not yet identified as he explained that it would be premature of him to disclose the amount government is seeking to borrow.