Jaishankar Announces $500 Million Credit Line for Guyana

External Affairs Minister Dr S. Jaishankar met Guyana's President, Dr Irfaan Ali, and reviewed the progress of bilateral cooperation between India and Guyana, particularly following Prime Minister Narendra Modi's visit to the South American nation in 2024.

During the meeting, Jaishankar announced the extension of a USD 500 million Line of Credit to Guyana for projects in key sectors, including roads, healthcare and defence.

In a post on social media, Jaishankar highlighted several important agreements signed between the two countries. These include agreements on the supply and installation of manufacturing projects for MSEs, grant assistance for the implementation of Quick Impact Projects, and cooperation in Digital Public Infrastructure.

Delighted to meet with President Dr Irfaan Ali of Guyana. @presidentaligy Reviewed the steady progress in our bilateral cooperation, especially after PM @narendramodi’s visit in 2024. Announced extention of USD 500 mn Line of Credit for roads, health & defence projects. Signed agreements on supply & installation of MSEs manufacturing projects, grant assistance for implementation of Quick Impact Projects, and cooperation in Digital Public Infrastructure & functioning of a UPI-like System in Guyana. 🇮🇳 🇬🇾

— Dr. S. Jaishankar (@DrSJaishankar) November 5, 2026

The two sides also agreed to strengthen digital cooperation, including support for the development and functioning of a UPI-like payment system in Guyana.

The latest developments underline India's commitment to strengthening its strategic and economic partnership with Guyana, with a focus on infrastructure development, healthcare, defence manufacturing and digital transformation.