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India extends $500 million credit line to Guyana

India extends $500 million credit line to Guyana

Jaishankar announced it after meeting President Irfaan Ali at the Commonwealth summit; the countries also signed a pact on a UPI-like system for Guyana

External Affairs Minister S. Jaishankar announced the extension of a $500 million line of credit to Guyana for roads, health and defence projects.

He met Guyanese President Mohamed Irfaan Ali on the sidelines of the Commonwealth Heads of Government Meeting in Antigua and Barbuda.

The two sides signed three agreements, including one on digital public infrastructure and a UPI-like payments system in Guyana.