Guyana: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
IMF Staff Country Reports, June 28, 2017
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- Guyana: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
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Bibliographic details
- Published: June 28, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484305768.002
Key findings on 2016 performance
- Real economic activity expanded by 3.3 percent in 2016.
- Consumer prices increased by 1.5 percent in the 12 months ending in December 2016.
- Growth drivers and headwinds identified:
- Headwinds: subdued agricultural commodity prices, bad weather, and delays in public investment.
- Supporters of growth: large increases in gold output.
Macroeconomic outlook and projections
- The macroeconomic outlook is described as positive for 2017 and the medium term.
- Growth is projected at 3.5 percent in 2017, supported by:
- an increase in public investment,
- continued expansion in the extractive sector,
- a recovery in rice production.
Content in this bundle
- Country Report