IMF Staff Country Reports

Guyana: Enhanced Initiative for Heavily Indebted Poor Countries Completion Point Document

Publication Date:

May 5, 2004

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper reviews Guyana’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). The staff of the IMF and IDA considers that Guyana’s performance with respect to the conditions for reaching the completion point under the enhanced HIPC Initiative has been satisfactory. The authorities were able to establish a track record of satisfactory policy implementation under the Poverty Reduction and Growth Facility (PRGF)-supported program, evidenced by the completion of the first program review in early September and good progress toward meeting the conditions of the second review due in February 2004.

Series:

Country Report No. 2004/123

Subject:

Asset and liability management Civil service reform Debt reduction Debt relief Debt service Debt service ratios External debt Labor