Minister of Human Services and Social Security, Dr. Vindhya Persaud, today held a virtual meeting with the Inter-Development Bank (IDB) Country Representative, Sophie Makonnen, to strengthen the institutional capacity of Guyana’s Social Safety Net. This is to deliver social assistance programmes to vulnerable local groups effectively.
At the meeting’s conclusion, they agreed to specific areas to be addressed, which include poverty assessment, institutional and organizational strengthening, and restructuring, social expenditure, social reform safety nets, and payment systems.
Additionally, a series of meetings will follow to operationalise and ensure a transformative impact on the most vulnerable in the country.
In 2018, the former Government, through the Ministry of Social Protection and the IDB, signed a Technical Cooperation (TC) Agreement to strengthen the institutional capacity of the Guyana Social Safety Net.
The more than $139Milllion (US$666,700) project aims to improve the system that identifies and aids targetted groups, as well as further develop the management and administration of social assistance programmes.