IMF Staff Country Reports

Guyana: 2010 Article IV Consultation: Staff Report, Supplement, Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Guyana

June 28, 2011

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Guyana: 2010 Article IV Consultation: Staff Report, Supplement, Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Guyana, (USA: International Monetary Fund, 2011) accessed November 24, 2024

Summary

Despite external and domestic shocks, the Guyanese economy demonstrated resilience and registered a fifth consecutive year of robust growth in 2010. The authorities started making payouts to Colonial Life Insurance Company (CLICO) policyholders, in line with their plans to minimize fiscal costs. Efforts to improve the Guyana Revenue Authority (GRA) continued. Its new functional organization was consolidated, improving further the integrated tax information system (TRIPS), the profiling of taxpayers, and on-site inspections at the country’s ports of entry. Executive Directors endorsed the authorities’ Low Carbon Development Strategy.

Subject: Debt sustainability, Economic sectors, External debt, Oil prices, Prices, Public debt, Public sector

Keywords: Authorities in Guyana, Authority, Broad money, Caribbean, CR, Debt relief, Debt service, Debt sustainability, Development agenda, Global, Guyanese authorities, ISCR, Oil prices, Public sector, Real GDP

Publication Details

  • Pages:

    81

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2011/152

  • Stock No:

    1GUYEA2011001

  • ISBN:

    9781455283583

  • ISSN:

    1934-7685