Guyana: 2018 Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, July 16, 2018
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- Canonical URL
- Guyana: 2018 Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: July 16, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484367957.002
Overview and recent performance
- Real GDP growth in 2017 was 2.1 percent.
- Non-mining GDP rebounded from its contraction in 2016.
- Economic growth slowed down in 2017 but became more broad-based.
- The external balance turned negative due to weaker than expected export growth and higher oil prices.
- Inflation remains relatively low, and the monetary stance is accommodative.
Near-term outlook
- Oil production is expected to commence in 2020.
- Additional oil discoveries have significantly improved the medium- and long-term outlook.
Key themes and policy-relevant topics covered
- External debt
- Oil production
- Oil, gas and mining taxes
- Production
- Public debt
- Revenue administration
- Taxes
International Monetary Fund. "Guyana: 2018 Article IV Consultation-Press Release and Staff Report", July 16, 2018.
Content in this bundle
- Country Report