Judge bars Guyana gov’t from using $32M development loan
GEORGETOWN, Guyana (AP) — A judge in Guyana has temporarily blocked the South American country from accessing a $32 million loan from the Inter-American Development Bank because there is no Parliament.
Chief Justice Ian Chang on Thursday scheduled a hearing next week on the case. The money is slated for a range of projects including reforming the police department and prison system.
Guyana’s main opposition coalition had sought to ban the administration of President Donald Ramotar from spending money not approved by legislators. Ramotar suspended the opposition-controlled National Assembly last year to avert a no-confidence vote.
The European Union withheld $37 million in aid earlier this year because of a lack of Parliament.
Elections are scheduled for May 11.