Minister of Finance, Winston Jordan yesterday (April 11, 2019) participated in a signing ceremony with Ms. Tahseen Khan, the World Bank Country Director for the Caribbean. The signing was for a loan agreement which will build human resource capacity and strengthen institutional frameworks in the local Oil and Gas Sector.
Minister Jordan noted the timely nature of the loan agreement since it sought to provide much needed technical assistance to the emerging Oil and Gas Sector.
Ms. Khan said that the loan agreement will aid in building the capacity of key institutions, such as the Department of Energy, the Environmental Protection Agency and the Ministry of Finance, for prudent management of the oil revenues.
The Hon. Minister was accompanied by Dr. Gobind Ganga, Governor, Bank of Guyana; Dr. Riyad Insanally, Guyana’s Ambassador to USA; and Mr. Jason Fields from the Embassy of Guyana.