Guyana Development Bank can play pivotal role in strengthening local private sector – PSC – INews Guyana
See full statement below from PSC on the operationalisation of the Guyana Development Bank:
The Private Sector Commission proudly congratulates the Government of Guyana on the official launch of the Guyana Development Bank, marking a significant milestone in the continued strengthening of Guyana’s financial and economic landscape.
The Commission also extends congratulations to PSC Vice Chairwoman Ms. Kathy Smith on her appointment as Deputy Chairperson of the Guyana Development Bank and wishes her every success in this important role.
The establishment of the Bank represents an important opportunity to expand access to financing for entrepreneurs, small and medium-sized businesses, and enterprises seeking to grow, innovate and scale their operations. Expanding access to affordable and accessible financing is an area the Commission has consistently advocated for, recognising its importance to business growth, investment and competitiveness.
By facilitating greater access to capital, supporting business expansion and encouraging investment and job creation, the Guyana Development Bank can play a pivotal role in strengthening the private sector and driving broad-based economic growth.
The Private Sector Commission looks forward to the Bank helping to unlock new opportunities for local businesses, support entrepreneurship and contribute to a stronger, more competitive and dynamic business environment.
Congratulations to the Government of Guyana and the Guyana Development Bank on this significant achievement. We wish the Bank continued success as it works to support the growth and development of Guyana’s businesses.
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