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Gov’t to launch 0% interest development bank to support small businesses
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Gov’t to launch 0% interest development bank to support small businesses
President Dr. Irfaan Ali has announced plans to establish a special development banking institution aimed at supporting small and medium-sized enterprises (SMEs) across Guyana. The bank, he said, will offer loans at zero percent interest and introduce a co-investment model to ease collateral requirements and reduce borrowing costs for local entrepreneurs. “We will be setting up a special development banking institution that will lend at 0 percen…
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