12-06

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Different & Dynamic. Bigga, Brighta, Betta! Volume 12 • Number 06 • June 21, 2018 • Website: www.CaribbeanGraphic.ca

Tel: 647-669-9320 • Fax: 416-292-2943 • Email: graphiclyn@gmail.com

Chris Gayle, Darren Sammy Showdown To Kick Off Global T20! A match up featuring West Indies stars and teammates Daren Sammy, Chris Gayle and Andre Russell will open the inaugural edition of Global T20 Canada as part of the schedule for the first professional Twenty20 cricket league in North America. Sammy's Toronto Nationals will face Vancouver Knights with Chris Gayle and Andre Russell on June 28 in the first match of the 22-fixture schedule that will ultimately crown a champion on July 15 at Maple Leaf Cricket Club in King City, Ontario, just north of Toronto. Other schedule highlights include Australian captain Steve Smith

making his league debut in the opener with Toronto and squaring off against his country mate David Warner and Winnipeg Hawks on July 2. Canada Day long weekend will provide fans an opportunity to see all of the league's marquee players with six matches over three days. Six franchise teams will vie for the c h a m p i o n s h i p – To r o n t o Nationals, Vancouver Knights, Edmonton Royals, Montreal Tigers, Winnipeg Hawks and C r i c k e t We s t I n d i e s Representative Team, comprised entirely of players from the Caribbean.

Guyana Receives US$35M World Bank Loan For Oil Preparations ! The World Bank has approved a US$35 million Development Policy Credit to Guyana. This sum is expected to support Guyana's efforts to strengthen financial sector development and fiscal management to better prepare the country to benefit from its newly discovered oil and gas reserves and transform its oil wealth into human capital. While currently nearly one in four people in Guyana live in poverty, experts estimate that GDP will surge when commercial production of newly-discovered oil and gas begins. In response, the government has embarked on a series of reforms to diversify the economy and turn oil windfalls into human

development and sustainable growth in the long term. “Guyana is making important strides to promote financial resilience and improve fiscal management, and has embarked on a broad-based reform programme,” said Tahseen Sayed, World Bank's Country Director for the Caribbean. “These reforms will be key to building a strong economy that is underpinned by a strategic management of public resources for the benefit of the Guyanese people.” The World Bank's said that the money will go towards enabling sound financial development to promote macroeconomic stability and long-term growth. In particular, the money will support banking reforms and depositor protection, the establishment of a deposit insurance scheme, implementation of a new insurance law, and the country's anti-money laundering efforts.


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12-06 by Caribbean Graphic - Issuu