Blog IICA
Guyana

Guyana

A coordinated ecosystem to strengthen evidence-based policymaking, with the aim of fostering more resilient and competitive agri-food systems in Guyana.



Resources
(47 records )
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Events
(11 records )
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Evidences
(38 records )


More recent in politics
Investments and Public Expenditure
(43 records - USD 1,278,062,315.00 )


Policy frameworks
(66 records )
Guyana Development Bank Act 2026: Establishment of the Guyana Development Bank
The Guyana Development Bank Act 2026 legally establishes the Guyana Development Bank as a public institution designed to expand access to financing for small and medium-sized enterprises and support their establishment, operation and expansion. The legislation was preceded by the Guyana Development Bank Bill 2026, Bill No. 5 of 2026, which was introduced in the National Assembly on June 5, 2026 and passed on July 27, 2026. President Irfaan Ali subsequently officially signed the Guyana Development Bank Act 2026 into law, enabling the next administrative and operational phase required to launch the institution nationwide. The Bank is authorized to provide loans to small and medium-sized enterprises with or without collateral and with or without charging interest, participate in co-financing arrangements and provide technical, advisory, training and business-mentoring services. Under the Government policy announced and financed through Budget 2026, a microcredit window of up to three million Guyana dollars per beneficiary at zero interest and without collateral is envisaged to improve access to capital for entrepreneurs and small businesses facing barriers in the conventional financial system. Groups and sectors identified as potential beneficiaries include small farmers, fisherfolk, agro-processors, small manufacturers, youth, women, persons with disabilities, entrepreneurs and hinterland communities. The institution has authorized capital of approximately forty billion Guyana dollars and forms part of the Government strategy to broaden financial inclusion, promote entrepreneurship, strengthen productive activity, support economic diversification and improve access to financing in sectors including agriculture and agro-processing.
Fiscal Enactments (Amendment) Act 2026 — Act No. 3 of 2026: Fiscal Measures for Agriculture and Agro-Processing
Guyana's Fiscal Enactments (Amendment) Act 2026, Act No. 3 of 2026, implements a package of fiscal measures announced in the 2026 National Budget through amendments to the Income Tax Act, Corporation Tax Act, Value-Added Tax Act, Property Tax Act and Customs Act. For the agri-food sector, one of the principal provisions removes corporation tax from agriculture and agro-processing businesses. The measure is intended to promote productive activity and economic diversification, increase retained earnings and enable greater investment to expand production and productivity. Amendments relating to the Income Tax Act and Corporation Tax Act apply with respect to the year of income commencing January 1, 2026. The Act also contains other general and sector-specific fiscal measures, including changes to income taxation, property taxation, VAT, customs provisions and an expansion of products eligible for the Export Allowance. The Bill was approved by the National Assembly in February 2026, received presidential assent on February 17, 2026 and was published as Act No. 3 of 2026 in Guyana's Extraordinary Official Gazette.
Initiative to Connect Local Farmers with Hotels and Expand Guyana's Fresh Produce Market
The Government of Guyana, through the Ministry of Agriculture, announced an initiative to bring together hotel owners, local farmers and producer groups to establish direct supply chains for fresh produce to the hospitality industry. The measure aims to create new market opportunities for farmers, particularly young entrepreneurs participating in government-supported agricultural programmes, while reducing Guyana's reliance on imported vegetables. The initiative builds on progress made through the Agriculture Innovation and Entrepreneurship Programme (AIEP), under which young producers are growing high-value crops using shade houses and hydroponic systems and are already supplying part of the hospitality industry's demand.


Good practices
(4 records )
Rural Enterprise and Agricultural Development Project – READ
The overarching goal of the READ project was to improve the living conditions of poor rural households, especially small-scale producers and vulnerable groups, by strengthening their human, social and financial assets. The main target group was to be 5,200 poor rural households, representing over 20,000 persons, with particular attention to woman-headed households, youths and Amerindians. The project included aspects such as rural business development, technical assistance, extension services, technologies, diversification, and investments. It included irrigation, drainage, water, and pumps
Hinterland Environmentally Sustainable Agricultural Development Project – HESADP
An agricultural and community resilience project to address climate variability, droughts, floods, dry spells, and saline intrusion. It integrates climate-smart farming, infrastructure, community businesses, and extension services
El Nino Emergency Assistance Project
The project was part of a well coordinated effort by donors active in Guyana, to assist the Government in mitigating the impact of the El Niño Southern Oscillation (ENSO) phenomenon which affected Guyana starting in 1997. The El Niño Emergency Assistance Project was prepared in response to identified emergency prevention and reconstruction needs. The objectives of the project were: (a) help to restore the country's agricultural capacity in drought-stricken areas through vulnerability reduction measures in the areas of hydrologic extremes; (b) help in providing safe and reliable potable water service to marginal urban and remote hinterland and riverine communities which have been affected by drought; and help restore flood protection in low-lying areas of the City of Georgetown.


Dialogue rooms
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