Guyana: Staff Report for the 2009 Article IV Consultation

September 17, 2010

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Guyana: Staff Report for the 2009 Article IV Consultation, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

Guyana has weathered the impact of the global crisis well by regional and global standards. The current account deficit declined by 5 percent of GDP (to 8.5 percent of GDP), largely led by a reduction in imports, particularly of fuel. Macroeconomic policies have remained prudent. Monetary policy tightened somewhat in 2009, supporting the decline in inflation and external stability. Structural reform has continued to focus on further reducing vulnerabilities and entrenching long-term growth. The authorities have consolidated insurance and bank supervision at the central bank.

Subject: Economic sectors, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt, Public investment and public-private partnerships (PPP), Public sector

Keywords: Caribbean, CLICO Guyana, CR, Debt service, Deficit, GDP series, Global, Guyana, Guyanese economy, ISCR, Keeping inflation, Monetary policy, Oil reserve, Public and publicly-guaranteed external debt, Public investment and public-private partnerships (PPP), Public sector, Real GDP, U.S. dollar

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/292
Stock No:

1GUYEA2010001
ISBN:

9781455208470
ISSN:

1934-7685

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