AGP Executive Report
Last update: 2 hours agoNational Mining Plan: President Irfaan Ali says Guyana will create a national mining consortium where small, medium and large miners plus ordinary citizens can jointly build a world-class, locally owned gold mining company—aimed at widening financial participation and keeping more value in Guyana. SME Finance Push: Finance Minister Ashni Singh urges entrepreneurs to do real market research ahead of the Guyana Development Bank for SMEs, while GCCI is also preparing businesses to be “bankable” with proper accounts and documents. Trade Shock Watch: A former senior U.S. trade official warns proposed U.S. tariffs tied to forced-labour probes could hit Guyana’s emerging exports, even as major commodities like petroleum and bauxite are said to be exempt. Oil & Local Content: ExxonMobil Guyana plans an In-Country Value system to track how much local content earnings stay in Guyana, and a labour baseline study is expected to be completed this year. Infrastructure & Industry: Bids are in for a $521M Supenaam ferry stelling upgrade and about $29M for the Orange Stand roof overhaul, while mining district roads will be repaired after rains ease. Regional Development Finance: The IFC will invest up to US$15M in the Caribbean Community Resilience Fund debt sub-fund, including Guyana, to expand SME financing.
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