Guyana : staff report for the 2009 Article IV consultation /
Saved in:
| Imprint: | Washington, D.C. : International Monetary Fund, ©2010. |
|---|---|
| Description: | 1 online resource (81 pages). |
| Language: | English |
| Series: | IMF country report ; no. 10/292 IMF country report ; no. 10/292. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12499048 |
| Summary: | 1. In recent years, Guyana has sustained a solid macroeconomic performance, supported by a strengthened policy framework. Newly released GDP series (based on 2006 prices) suggest that Guyana's economic growth exceeded 4 percent a year on average during 2007-09--compared with 31/2 percent in the previous GDP series (based on 1988 prices), while nominal GDP at market value is some 65 percent higher than before. This reflects, in part, the incorporation of new economic sectors, and of the previously large informal activity that moved into the formal sector since Guyana changed course in the late 1980s (Box 1). Inflation has declined steadily since the imported price shock of 2008, to around 31/2 percent at end-2009. This performance owes much to the implementation of prudent policies, which have helped reign in public debt, while supporting growth and external stability. |
|---|---|
| Physical Description: | 1 online resource (81 pages). |
| ISBN: | 1283556278 9781283556279 |