Guyana: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
IMF Staff Country Reports, July 7, 2016
Source details
- Canonical URL
- Guyana: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
Other formats
Bibliographic details
- Published: July 7, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475536126.002
Overview
- Title: Guyana: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
- Date: July 7, 2016
- Format note present on page: "Download PDF" and "More Formats on IMF eLibrary"
- Summary text on the page:
- "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."
Key findings and observations (as stated)
- Output expanded by 4.2 percent in 2015—the highest rate in the central and eastern European region.
- 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.
- Economic activity is expected to slow in 2016.
- Private consumption will remain robust on the heels of higher disposable income and employment.
- Projected slowdown in EU-fund absorption will weigh on growth.
Subject matter and keywords (as listed)
- 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
Content in this bundle
- _cr16216 — IMF staff report excerpt