1 minute read

‘New World Coalition’ could bring balance on issues...

path that we’re taking to national development. It is high because there’s a clear strategy as to what we’re doing and how we’re doing it and positioning Guyana.”

GUYANA’S POTENTIAL

Advertisement

The President pointed to the agricultural drive of the country and said that investments in agriculture have enormous potential in Guyana. He said, “The CARICOM market alone is tens of millions of US dollars in a market that is absolutely accessible to you. We are creating the incentives, the investment vehicle.

We’re working on ways in which we can make the cost of capital lower.”

He noted that just two and a half years ago, Guyana’s only option was to import corn and soya for animal feed. Ali said, “We set ourselves a target of becoming self-sufficient in five years. Not only are we well on our way to becoming self-sufficient, but we might be in a position to export to the region for the first time. We are not talking about food security in an idle manner.”

The President also spoke about the country’s housing

← From page 14 programme, which “per capita is one of the strongest” in the region.

He said that while demand has increased, the lending rate has decreased by two percentage points in two years. This is in contrast to the global lending rate for housing.

Guyana’s drive to enhance other aspects of its development was also highlighted. He said, “We have to make decisions based on the realities that we’re faced with, ensuring that the people in this country have the best possible social

Turn to page 21 →

This article is from: