Guyana, Canada to ink Sovereign Loan Programme Agreement

Canada’s Minister of International Development, Ahmed Hussen and Assistant Deputy Minister for the Americas, Glen Linder are expected in Guyana for several high-level engagements with the Government of Guyana and other partners.
The two officials who arrive on February 25 will also attend the 46th Regular meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM).
During this two-day visit, Hussen will sign a Sovereign Loan Programme agreement between the Governments of Canada and Guyana.
Canada’s Sovereign Loan Programme (SLP) provides loans on concessional terms to eligible countries, tailored to their needs and priorities as they relate to poverty reduction and peace and security.
Guyana is the first country to benefit from the Sovereign Loan programme in the Western Hemisphere. The loan will be utilised to improve social protection under the Ministry of Human Services and Social Security in the areas of digital transformation, old age pension, gender-based violence, persons living with disabilities and trafficking in persons.
The agreement will be signed on Sunday.