AGP Executive Report
Last update: 10 hours agoFiscal Pressure: Guyana’s central-government deficit nearly tripled to $105.6 billion in the first half of 2026, as operating costs rose and revenue slipped. Meanwhile, lending fell to agriculture, manufacturing and mining, even as mortgage credit grew. Farm Finance: President Irfaan Ali says Republic Bank will set aside funds for agricultural loans, with preferential rates still being negotiated with commercial banks. Nearly 30% of applications to the new Guyana Development Bank are agriculture-related. GuySuCo: Restructuring is under review, Agriculture Minister Zulfikar Mustapha says, but he is unaware of any decision to move the sugar corporation’s head office to Berbice. Oil Exports: Guyanese crude prices hit record-low discounts to Brent as soaring tanker costs cut export values. Tourism: Guyana and Jamaica signed a cooperation pact covering investment, training and connectivity, as Guyana works to grow its visitor economy.
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