Friday, March 29, 2024
HomeGuyanaIMF 2016 Article IV Consultation Statement by the Executive Director for Guyana

IMF 2016 Article IV Consultation Statement by the Executive Director for Guyana

In a press release the International Monetary fund IMF 2016 Article IV Consultation Statement by the Executive Director for Guyana reported that “While economic activity in Guyana was supported by large new mining investments, growth slowed to 3 percent in 2015, reflecting delayed budget implementation and lower commodity prices.”

Guyana’s Inflation is expected to remain low. The decline in oil prices narrowed the current account deficit. The authorities plan to stimulate growth through increased public investment in 2016 and over the medium-term.

Click link for full report. http://www.imf.org/external/pubs/ft/scr/2016/cr16216.pdf

Related Articles
- Advertisment -

Most Popular

Recent Comments

Debra K. Lawrence on Hotels you’ll never forget
Leith Yearwood on Snake Cut
Georgina Lambert-Calvert on What has happened to some of our young folks
Caribbean C Live on John Gimlette’s Voyages
Rev. Adunnola Waterman-French on GAC 2012 Reunion – A perfect Take-off
Georgina Lambert-Calvert on Guyana Emancipation (Freedom) Day History
Althea Garraway on Tapir
Open chat
Hello
Can we help you?