{
  "title": "Guyana: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana",
  "publication": "IMF Staff Country Reports, June 28, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/06/28/guyana-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45010",
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  "summary": "This 2017 Article IV Consultation highlights the expansion of Guyana’s real economic activity by 3.3 percent in 2016. Subdued agricultural commodity prices, bad weather, and delays in public investment weighed down activity, while large increases in gold output helped support growth.",
  "publishDate": "2017-06-28",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings on 2016 performance",
      "content": "- Real economic activity expanded by 3.3 percent in 2016.\n- Consumer prices increased by 1.5 percent in the 12 months ending in December 2016.\n- Growth drivers and headwinds identified:\n  - Headwinds: subdued agricultural commodity prices, bad weather, and delays in public investment.\n  - Supporters of growth: large increases in gold output."
    },
    {
      "heading": "Macroeconomic outlook and projections",
      "content": "- The macroeconomic outlook is described as positive for 2017 and the medium term.\n- Growth is projected at 3.5 percent in 2017, supported by:\n  - an increase in public investment,\n  - continued expansion in the extractive sector,\n  - a recovery in rice production.\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/06/28/guyana-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45010"
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    "Published: June 28, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484305768.002",
    "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:",
    "The macroeconomic outlook is described as positive for 2017 and the medium term.",
    "Growth is projected at 3.5 percent in 2017, supported by:",
    "**Country Report**"
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