IMF Staff Country Reports

Guyana: 2010 Article IV Consultation: Staff Report, Supplement, Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Guyana

Publication Date:

June 28, 2011

Electronic Access:

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Summary:

Despite external and domestic shocks, the Guyanese economy demonstrated resilience and registered a fifth consecutive year of robust growth in 2010. The authorities started making payouts to Colonial Life Insurance Company (CLICO) policyholders, in line with their plans to minimize fiscal costs. Efforts to improve the Guyana Revenue Authority (GRA) continued. Its new functional organization was consolidated, improving further the integrated tax information system (TRIPS), the profiling of taxpayers, and on-site inspections at the country’s ports of entry. Executive Directors endorsed the authorities’ Low Carbon Development Strategy.

Series:

Country Report No. 2011/152

Subject:

Debt sustainability Economic sectors External debt Oil prices Prices Public debt Public sector