Positive Trend: Decrease in Non-Performing Loans and Diversified Borrowing

Saturday, 9 March 2024, 20:34
President Irfaan Ali announced a significant drop in Non-Performing Loans (NPLs) in Guyana to 2.8%, the region's lowest. Increased borrowing for diverse projects reflects a thriving economy with more liquidity. This positive trend showcases growing financial stability and expanded opportunities for investment.
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Positive Trend: Decrease in Non-Performing Loans and Diversified Borrowing

President Ali's Insights

President Irfaan Ali highlighted the decline in Non-Performing Loans (NPLs) to 2.8% in Guyana, positioning the country favorably within Latin America and the Caribbean.

Trending Borrowing Patterns

More money circulating in the economy has paved the way for diversified borrowing practices, supporting a range of projects and initiatives.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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