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Guyana: 2018 Article IV Consultation-Press Release and Staff Report

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  • International Monetary Fund

Abstract

Economic growth slowed down, but became more broad-based. In 2017, real GDP growth was 2.1 percent, with the non-mining GDP rebounding from its contraction in 2016. The external balance turned negative due to weaker than expected export growth and higher oil prices. Inflation remains relatively low, and the monetary stance accommodative. Oil production is expected to commence in 2020, and additional oil discoveries have significantly improved the medium- and long-term outlook.

Suggested Citation

  • International Monetary Fund, 2018. "Guyana: 2018 Article IV Consultation-Press Release and Staff Report," IMF Staff Country Reports 2018/220, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2018/220
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=46083
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    Citations

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    Cited by:

    1. Mentis, Alan & Moonsammy, Stephan, 2022. "A critical assessment of Guyana's sustainability pathway: Perspectives from a developing extractive economy," Resources Policy, Elsevier, vol. 76(C).
    2. Samya Beidas-Strom & Marco Lorusso, 2019. "Macroeconomic Effects of Reforms on Three Diverse Oil Exporters: Russia, Saudi Arabia, and the UK," IMF Working Papers 2019/214, International Monetary Fund.
    3. Jashim Uddin Ahmed & Niza Talukder & Asma Ahmed, 2020. "Infrastructure Development Company Limited Solar Home System Program: A Sustainable Solution for Energizing Rural Bangladesh," South Asian Journal of Business and Management Cases, , vol. 9(2), pages 219-236, August.

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