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US$200M for SMEs under next PPP/C Govt – President Ali

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President Dr Irfaan Ali

President Dr Irfaan Ali has announced that the next People’s Progressive Party/Civic (PPP/C) government will make available some US$200 million to help small and medium-sized enterprises (SMEs) prosper.

“Let me tell you from Albion, Region six, today…we are going to set up a fund of US$200 million to ensure that you have access to capital…[and] access to financial services,” Ali told a massive gathering at the PPP/C’s massive rally being held at Albion in Berbice.

In his bid for re-election at the September 1 polls, Ali told citizens that the PPP/C will co-invest with small businesses and make money available to them at low interest rates.

He also laid out plans to modernise the country’s financial architecture so that persons can transact business from anywhere in the country with the power of one card.

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