A TEAM from the World Bank, led by the Bank’s Executive Director, Dr. Samy Watson, yesterday met with President Bharrat Jagdeo at the Office of the President in Georgetown. The team is currently on a three-day visit to Guyana.

Accompanying the team during the meeting with the Guyanese Head of State was Minister of
Finance, Dr. Ashni Singh, who on Monday, also met the team and updated them on Guyana’s economic strides, plans and development.

The Ministry of Finance stated that during Dr. Singh’s meeting with the team, “he reflected that in the past fifteen years, Government’s main focus was on reconstructing the physical and institutional infrastructure supporting every sector of the economy with an emphasis on promoting growth and reducing poverty”.

It stated too that the Finance Minister also highlighted a number of recent private sector developments, including interests in oil exploration which is to recommence shortly now that there has been a resolution of the maritime boundary dispute between Guyana and Suriname .

Monday’s meeting also saw presentations being made on a number of the World Bank funded projects being executed in Guyana, including the Water Sector Consolidation Programme, the HIV/AIDS Prevention and Control Programme and the Conservancy Adaptation Project.

During their stay, the delegation is expected to visit several projects funded by the Bank such as health clinics, water treatment plants at Eccles & Covent Garden and the Skeldon Co-generation Plant.