Senior Minister in the Office of the President with Responsibility for Finance and the Public Service Ashni Singh has presented two amendatory loan agreements to Parliament, a Ministry of Finance release stated.
The first Amendment Agreement is dated May 24, 2024 and amends the Export Finance Facility Agreement dated June 14, 2022, between the Co-operative Republic of Guyana, represented by the Ministry of Finance as the Borrower, and UK Export Finance as the Lender, and the UniCredit Bank Austria AG as the Agent and Arranger, for an amount of €161,016,949.15 for the Guyana Paediatric and Maternal Hospital Project. This Amendment Agreement is to facilitate the inclusion of a Climate Resilient Debt Clause into the original agreement, the release added.