Guyana: 2018 Article IV Consultation-Press Release and Staff Report
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2018/220
Subject:
External debt Oil production Oil, gas and mining taxes Production Public debt Revenue administration Taxes
English
Publication Date:
July 16, 2018
ISBN/ISSN:
9781484367957/1934-7685
Stock No:
1GUYEA2018001
Pages:
91
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