Guyana: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana

July 7, 2016

Preview Citation

Format: Chicago

Guyana: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana, (USA: International Monetary Fund, 2016) accessed September 19, 2024

Summary

This paper discusses recent economic developments, the outlook, and risks for the Czech Republic. The economy has been growing at an exceptionally strong pace. Driven by robust domestic demand, output expanded by 4.2 percent—the highest rate in the central and eastern European region—in 2015. Labor market performance has been strong. Fiscal performance was better than budgeted in 2015. The banking sector is stable, and credit growth continues to strengthen. However, economic activity is expected to slow in 2016. Private consumption will remain robust on the heels of higher disposable income and employment, but the projected slowdown in EU-fund absorption will weigh on growth.

Subject: Banking, Economic sectors, Expenditure, External debt, Oil prices, Prices, Public debt, Public investment spending, Public sector

Keywords: Authority, Caribbean, CR, Deficit, Export commodity price, Global, Guyanese authorities, Investment loan project, ISCR, Medium term outlook, Oil prices, Public investment spending, Public sector, Real GDP, Revenue side, Risk mitigation policy strategy, U.S. dollar

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/216
Stock No:

1GUYEA2016001
ISBN:

9781475536126
ISSN:

1934-7685

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