7 KEYS > VISION. Team. PLAN. Resources. EXECUTION. Evaluation. LEADERSHIP.

“AMBASSADOR In KUWAIT IS VERY ACTIVELY INVOLVED WITH THE FOLLOWING “FINANCIAL ASSISTANCES to GUYANA”

  • Islamic Development Bank, Jeddah, Kingdom of Saudi Arabia (IsDB): GOVERNOR for Guyana: Hon. Winston Jordan: Minister of Finance.
  •  Islamic Development Bank, Jeddah, Kingdom of Saudi Arabia (IsDB): Alternate GOVERNOR for Guyana: Ambassador Dr. Shamir Ally, from 11th May 2017.

NOTE:   By early 2020: IsDB will open a REGIONAL OFFICE in SURINAME, with responsibility for SURINAME, GUYANA, and THE AMERICAS. IsDB President likely to visit BOTH Suriname and GUYANA.

  1. IsDB > Wide Range of Projects: 2018 to 2022 Financing & Technical Assistances: Credits & Grants USD $900: Million. IsDB 43rd Annual Meeting, Tunis, Tunisia, 3rd April – 5th April 2018: IsDB Mission in December 2017, with a work program.
  2. FINANCING and TECHNICAL ASSISTANCES, will be directed to KEY DEVELOPMENT AREAS, including ECONOMIC INFRASTRUCTURE, RURAL DEVELOPMENT; HUMAN DEVELOPMENT; TRADE and COMPETITIVENESS.
  • IsDB Mission to GUYANA Ministry of FINANCE: December 2017
  • IsDB Mission to GUYANA Ministry of FINANCE: 6 persons: 21-26 May 2018
  • IsDB Mission to GUYANA Ministry of FINANCE 2 persons; 22-26 February 2019
  • IsDB Mission to GUYANA Ministry of Finance: 2 Persons: 11-15 March 2019
  • IsDB 44th. Annual Meeting in Marrakech, Morocco. AGREED with OPEC, for OPEC to assist Guyana Ministry of Finance, with “Projects Feasibilities Studies.” Agreed for OPEC TEAM to visit Guyana with IsDB Team and BOTH will coordinate their programs.
  • IsDB Team Of 6 persons in Guyana. July 21-27, 2019 for Interior Renewable Energy Projects Evaluations. Ministry of Finance & Guyana Energy Agency.
  1. IsDB Sept 2018 > Reverse Linkage Project between Guyana and Malaysia on Rice Production TOTAL Cost USD $877,700: Providers USD $297,700: Recipient/GUYANA USD $300,000: and IsDB USD $280,000:
  2. IsDB September 2018 > POWER UTILITY UPGRADE PROGRAM USD $20 Million > Installment Sales Financing.
  3. IsDB July 2018 > PALMS Geriatric Facility ID200,000 = USD $291,000:
  4. IsDB 2009 > GRANT: Medical Center USD $495,000:
  5. IRENA: Abu Dhabi, UAE January 2019 > Renewable ENERGY Project USD $8: Million
  6. KFAED March 2019 >Kuwait Fund for Arabic Economic Development: Feasibility Study Road Project, Belfield to Rosignol, ECD: GRANT KWD 500,000 = USD $1,635.000:
  7. Kuwait assistances from January 2011 to Embassy and Guyana Villa.
  8. IsDB > April 2019 > Technical Assistances grant for Enhancing Value Chains and trade in Guyana with a value of USD $ 280,000
  9. OIC 14th. ISLAMIC SUMMIT, MAKKHA, KSA May 31, 2019: COMCEC: Standing Committee for ECONOMIC and COMMERCIAL COOPERATION: GUYANA> Poverty Alleviation > Increasing the Capacity of Vocational Education Centers for the Disabled in Selected OIC Countries, GUYANA, SURINAME and TURKEY
  10. Other projects being worked on. Not ready for public disclosures.
  11. DEBT Agreement.
  • Guyana DEBT to Kuwait, Discussions. Concluded in March 2019 (USD $51 Million WRITEOFF),“Total DEBT USD $ 75.6 Million. Kuwait, Wrote OFF 67 % = 2/3, of DEBT for USD $50.7 Million. The Remaining 33 % = 1/3, for USD $24.9 Million to be repaid in a combination of cash payments and debt swaps.”
    https://www.kaieteurnewsonline.com/2019/08/18/total-public-debt-stands-at-us1-65b-midyear-report/
  • DEBT Agreements In Discussions with UAE and LIBYA.
  • NOTE>>> March 2019 AGREEMENT ready for Signatures for “Kuwait and Guyana Mutual Exemption of Prior Entry Visa for Holders of Diplomatic, Special and Official Passports.”

USD $1 Billion approximately to GUYANA in Credits & Grants in 2 Years of Accreditation.

https://www.stabroeknews.com/2018/sunday/business-page/04/22/islamic-finance-and-the-us900-million-resource-envelope-from-isdb/
http://demerarawaves.com/2018/04/07/guyana-has-not-borrowed-from-islamic-bank-but-us900-million-is-available-finance-ministry-following-jagdeos-criticism/
https://headlinenewsguyana.com/ministry-of-finance-clarifies-isdbs-resource-envelope/
 https://dpi.gov.gy/guyana-malaysia-to-commence-reverse-linkage-project-to-boost-rice-industry/
https://www.facebook.com/1892543461064621/posts/2242455616073402/
www.caribbeannewsnow.com/2019/04/03/kuwait-cancels-almost-us51-million-of-guyanas-debt/
https://dpi.gov.gy/statement-by-min-jordan-at-44th-annual-meeting-of-islamic-bank-group/
https://www.kaieteurnewsonline.com/2019/04/
https://www.caribbeannewsnow.com/2019/04/03/kuwait-cancels-almost-us51-million-of-guyanas-debt/08/invest-in-guyana-jordan-tells-islamic-bank-group/
http://guyanachronicle.com/2019/04/07/investment-opportunities-in-hydro-road-links
https://www.stabroeknews.com/2019/news/guyana/04/02/guyana-gets-us50-7m-debt-write-off-from-kuwait/
https://www.stabroeknews.com/2019/news/guyana/04/08/guyana-seeking-isdb-for-three-mini-hydropower-systems/
http://demerarawaves.com/2019/04/10/guyana-wants-islamic-bank-to-fund-technical-vocational-training-for-oil-sector/
https://www.caribbeannewsnow.com/2019/04/10/guyana-and-the-islamic-bank-expand-cooperation/
https://guyanachronicle.com/2019/04/10/breaking-jetblue-to-operate-flights-out-of-cjia
https://www.bbc.com/news/world-latin-america-48185246
http://guyanachronicle.com/2019/04/02/kuwait-writes-off-us50-7m-debt-of-guyana
https://dpi.gov.gy/we-must-borrow-but-do-so-judiciously-min-jordan/
https://dpi.gov.gy/norway-approves-16billion-for-development-of-solar-farms/
https://m.nasdaq.com/article/the-5-fastest-growing-economies-in-the-world-cm1169784
https://dpi.gov.gy/east-coast-highway-expansion-to-extend-to-hope-then-to-rosignol-min-patterson/
https://demerarawaves.com/2018/04/07/guyana-has-not-borrowed-from-islamic-bank-but-us900-million-is-available-finance-ministry-following-jagdeos-criticism/
https://www.stabroeknews.com/2019/news/guyana/07/24/energy-agency-holds-consultation-on-planned-kumu-hydro-plant/
https://guyanatimesgy.com/gea-hosts-consultation-on-region-9-hydropower-project/
http://guyanachronicle.com/2019/04/28/hosororo-hydropower-project-for-june-commissioning
https://www.caribbeannewsnow.com/2019/07/29/islamic-bank-mission-in-guyana-to-finalize-energy-projects/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+CaribbeanNewsNowDailyHeadlines+%28Caribbean+News+Now%21+Latest+Headlines%29
https://www.kaieteurnewsonline.com/2019/08/18/total-public-debt-stands-at-us1-65b-midyear-report/
https://guyaneseonline.net/2019/08/14/oil-greenidge-wpa-executive-members-clash-on-direct-cash-transfers/