AGP Executive Report
Last update: an hour agoGuyana Development Bank Launch: The Guyana Development Bank (GDB) began operations Monday with a seven-member board led by Abu Zaman and GCCI head Kathy Smith, offering zero-interest, zero-collateral loans of up to GY$3 million and support for entrepreneurs and SMEs. Business Boost in Regions: The Linden Chamber urged Region 10 firms to prepare for GDB financing, while the GCCI called the bank a “pillar of support” for local businesses and highlighted the need for accessible, responsive loan mechanisms. Entrepreneurship Push: Finance Minister Dr Ashni Singh said the bank will help entrepreneurs previously shut out by collateral and interest requirements, with an initial GUY$20 billion injection. Accountability and Safety: Protests and calls for action continue over rape and threatening-behaviour allegations against SOCU Deputy Commissioner Fazil Karimbaksh, with watchdogs urging independent oversight. Regional Cooperation: Sierra Leone’s aviation regulator called for stronger regional cooperation on aviation safety after a forum in Georgetown. Youth Sport: Guyana’s U15 basketball team is competing in St Maarten, gaining international exposure ahead of future Caribbean opportunities. Regional Security: The US and nine Western Hemisphere nations, including Guyana, issued a joint statement condemning alleged Iranian “terrorist actions” and proxy operations.
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