The Guyana Development Bank Bill 2026 is tabled in the National Assembly as the Government moves to create a dedicated development financial institution. Finance Minister Dr. Ashni Singh presents the bill, which lays the legal framework for establishing the Guyana Development Bank. The stated goal is to improve access to credit, particularly for small and medium-sized enterprises (SMEs) and entrepreneurs, by supporting their development and expansion. One outlet reports that the legislation is intended to provide up to $3 million in micro-credit financing and emphasizes zero-interest loans as part of the planned credit offering. Both sources describe the bill as supporting a broader agenda to empower citizens and strengthen financing access. No additional details are provided in the excerpts on funding sources, eligibility requirements, operational timelines, or oversight mechanisms. The bill’s tabled status indicates the legislative process is underway, but the reporting does not cover any debate, amendment, or expected vote date.
Guyana tables Development Bank Bill 2026 to expand zero-interest lending for SMEs
The Guyana Development Bank Bill 2026 is tabled in the National Assembly as the Government moves to create a dedicated development financial institution. Finance Minister Dr. Ashni Singh presents the...
- Finance Minister Dr. Ashni Singh tables the Guyana Development Bank Bill 2026 in the National Assembly.
- The bill creates the legal framework for establishing the Guyana Development Bank.
- The initiative aims to expand access to credit for SMEs, entrepreneurs, and small businesses.
- Reporting indicates the program includes micro-credit financing and zero-interest loans.
- One account states the micro-credit component may reach up to $3 million, though further details are not included in the excerpts.
—Legislation paves way for up to $3 million in micro-credit financing for small businesses and entrepreneurs THE Government, on Friday, tabled the Guyana Development Bank Bill 2026 in the National Assembly, advancing plans to establish a dedicated financial institution aimed at expanding access to credit and supporting the growth of small and medium-sized enterprises (SMEs). […]
2 months agoAs part of Government’s broad agenda to improve access to credit and empower citizens, Finance Minister, Dr Ashni Singh on Friday tabled in the Guyana Development Bank Bill 2026 in the National Assembly. This Bill caters for the establishment of the Guyana Development Bank, which will promote the development and expansion of Small and Medium […] The post Govt tables Development Bank Bill 2026 to expand financing access for small, medium enterprises appeared first on INews Guyana.
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