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Guyana paying back IDB alone US$18.3M on loans yearly

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…interest rate moved  from US$8M to US$15.2M in 3 years Kaieteur News – Over the past 47 years, the Inter-American Development Bank (IDB) approved over US$2 billion in loans to support Guyana’s development. The IDB’s ‘Partnering for Resilience’ report, said that Guyana is experiencing a significant increase in its debt repayment and interest obligations. The […]

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