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Dienstag, 24. Oktober 2017, 14:52

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Minister of Finance Dr. Ashni Singh on Monday confirmed that Guyana is yet to receive ?25M in budgetary support which has already been approved by the European Union (EU).Creating some amount of worry as well, is the fact that the EU has kept Guyana out of the loop as to its reasons for not releasing the funds.Finance Minister, Dr. Ashni SinghThe Finance Minister subsequently stated that the onus is now on the EU to provide those reasons henceforth.At a press conference held at the National Communications Network (NCN) on Monday,China NFL Jerseys, Dr. Singh told members of the media fraternity that Guyana had met its obligations regarding the budgetary support payments due to it by the EU. He said that this is confirmed in a written agreement between the two.Dr. Singh emphasized that government met all the EU requirements, targets,NHL Jerseys Authentic, and the necessary environment to be in receipt of the payments.A large percentage of the EU funds received over the years would go to the sugar industry,Jerseys NFL Cheap, but Guyana has been failing to meet all of the indicators to secure all the funding. Asked if the country met all the targets to qualify for all the funds this time, the Finance Minister said that almost all of the indicators were achieved and based on those, Guyana qualified for the disbursement of ?$25M.He was also asked if he believes that the monies could be in jeopardy due to the delay in its disbursement.But the Finance Minister said that Guyana has an ongoing engagement with the Union and it never presented any

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Mittwoch, 15. November 2017, 08:25

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