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BREAKING NEWS: EU suspends funding for sea defence, sugar over Parliamentary crisis

urlThe European Union (EU) today announced that it has put on halt payments to Guyana for projects related to sea defence and the sugar industry, over the Parliamentary suspension which does not allow Parliamentary oversight of its funds.

The EU said in a statement: “The EU has two on-going budget support programmes in Guyana, one for the sugar sector (EURO 28.9 million) and one for sea defences (EURO 14.8 million). The latest partial payments related to these two programmes have been temporarily put on hold until all eligibility criteria, inter alia budget oversight, are satisfactorily addressed.” Details on Capitol News at 7.

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