Guyana: Recent Economic Developments
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper focuses on economic developments in Guyana during the 1990s. By 1991, economic performance had turned around in response to the shift in economic policies and the improved incentive framework. Following sizable reductions in 1989–90, real GDP grew by about 7 percent a year in 1991 and 1992, mainly owing to a recovery of export-related production and new foreign investments in the bauxite, gold, and forestry sectors. By 1992, inflation had declined markedly; the fiscal and external deficits were reduced substantially; and private and official capital inflows had risen significantly.
Series:
Country Report No. 1999/052
Subject:
Agricultural commodities Banking Commercial banks Commodities Economic sectors Exports Financial institutions International trade Public sector Treasury bills and bonds
English
Publication Date:
July 19, 1999
ISBN/ISSN:
9781451816730/1934-7685
Stock No:
1GUYEA0011999
Pages:
68
Please address any questions about this title to publications@imf.org