The Ministry of Finance has just completed the successful hosting of a Programming Mission by the Islamic Development Bank (IsDB) to Guyana that will soon realise deeper ties between the two countries as they seek to identify projects to accelerate Guyana’s development.
The Mission which concluded on Friday, November 2, 2018 saw three intense days of meetings between a team of officials from the IsDB led by Dr. Sobir Komilov – Regional Manager for Latin America and the Caribbean; and included Mr. Saifulla Abid –Senior Country Manager for Guyana IsDB; Mr. Hamady Soma Ba – Relationship Manager from the International Islamic Trade Financing Department (ITFC) and Mr. Ahmed A Khalid – Regional Head (Asia) of the Islamic Corporation for the Development of the Private Sector (IFC) and representatives from the Public and Private Sectors.
The Mission aimed at developing a pipeline of potential projects for the medium term 2019 – 2021 that would inform the work programme of the IsDB; discussions were focused therefore, on identifying projects and programmes that seem most likely to have the greatest development impact in Guyana.
It was coordinated by the Ministries of Finance and Business under the guidance of the Hon. Winston Jordan, Minister of Finance and Governor for Guyana at the IsDB. Discussions were held with the Ministries of Public Health, Education, Agriculture, Public Infrastructure, Communities, Social Protection, GoInvest, the Georgetown Chamber of Commerce, and several Commercial Banks.
The challenges and opportunities to advance Guyana’s development agenda were explored and priorities for action identified. Health Care, Waste water treatment, renewable energy, TVET, housing and infrastructure were among the areas identified for initial consideration in 2019.
To close the mission, an aide memoir was signed between the Government of Guyana and the IsDB Group with both sides agreeing to continue collaborating on the development of the country.