UK export finance increases financing capacity for Guyana to £3 Billion

The British High Commission has announced that UK Export Finance (UKEF), the United Kingdom’s official export credit agency, has increased its financing capacity for Guyana from £2.1 billion to £3 billion.

According to the British High Commission, this move reflects the UK’s confidence in Guyana’s economic trajectory and fiscal sustainability, and signifies a further deepening of the bilateral relationship between the two nations.

The announcement was made yesterday during a meeting between a delegation from UKEF, His Majesty’s Deputy Trade Commissioner for Latin America and the Caribbean, and His Excellency President Dr. Mohamed Irfaan Ali.

During the meeting, President Ali outlined his priorities for UKEF collaboration over the next five years.

The High Commission noted that the announcement comes at a pivotal time as Guyana accelerates its infrastructural development and strengthens its position as a key investment destination.

“The British High Commission looks forward to supporting sustainable growth and shared prosperity through this collaboration between the UK and Guyana,” the statement added.