CARIBBEAN RICE IMPROVEMENT GRANTS GUYANA SURINAM
January 1st, 2006
BY KEITH NUTHALL
BANKS in Surinam and Guyana have been asked to operate a rice production improvement fund worth Euro 10 million, aimed at helping these South American countries prosper in world food markets. The Caribbean Forum of the African Caribbean Pacific (ACP) States, or CARIFORUM, is spending Euro 6.5 million in Guyana and Euro 3.5 million in Surinam, to invest in rice processors, millers and growers, increasing the sector's "efficiency and competitiveness". Selected local banks (or banking consortia) will defray the funds in 2006 as loans from ...
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