Guyana Borrows US$44M More From World Bank

• The World Bank’s Board of Executive Directors has approved approximately US$44Mn for Guyana’s Strengthening Human Capital through Education Project. 
• The project will focus on expanding access to quality education at the secondary level, as well as improving technical and vocational training (TVET) to meet the needs of the labour market. The funding aims to prepare Guyanese citizens to excel in emerging sectors of the economy including climate-resilient agriculture, low-carbon technology, and digital development. 
• “Guyana is investing heavily in its citizens, with education and vocational training playing a key role as the country is at a key juncture of its growth,” said Diletta Doretti, World Bank Resident Representative for Guyana and Suriname. This project complements other education initiatives that the World Bank is supporting, as the government is working to ensure that more people can acquire the needed skills to benefit from the ongoing economic transformation.

(Source: Kaieteur News)