AGP Executive Report
Last update: 3 hours agoIndia Financing: Guyana has secured a US$500 million line of credit from India for roads, healthcare and defence, alongside three agreements to advance digital payments and small-business development. President Irfaan Ali says a national payment system is expected by year-end. Maritime Security: The US has sanctioned an India-based couple accused of helping vessels falsely use Guyana’s flag to transport Iranian oil. MARAD welcomed the action, saying the scheme undermined the integrity of national ship registries. Oil and Local Business: ExxonMobil Guyana spent more than US$317 million with local suppliers in the first half of 2026, as calls grow for local firms to build sustainable businesses beyond oil contracts. The government is also considering changes to the Local Content Act that could require oil companies to unbundle contracts. Tourism and Trade: Guyana recorded more than 47,000 visitor arrivals in October, its highest tally for that month. The Sandaka will maintain passenger and goods traffic on the Guyana–Suriname crossing while the Canawaima is in dry dock.
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