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Guyana: Staff Report for the 2009 Article IV Consultation

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2010. "Guyana: Staff Report for the 2009 Article IV Consultation," IMF Staff Country Reports 2010/292, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2010/292
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    Cited by:

    1. Leon Hoyos, Manuel, 2020. "The Polish Guarantee Scheme (Poland GFC)," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 2(3), pages 840-858, April.
    2. Alejandro Izquierdo & Rudy Loo-Kung & Liliana Rojas-Suarez, 2013. "Macroprudential Regulations in Central America," Working Papers 318, Center for Global Development.

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