In a press release the International Monetary fund IMF 2016 Article IV Consultation Statement by the Executive Director for Guyana reported that “While economic activity in Guyana was supported by large new mining investments, growth slowed to 3 percent in 2015, reflecting delayed budget implementation and lower commodity prices.”
Guyana’s Inflation is expected to remain low. The decline in oil prices narrowed the current account deficit. The authorities plan to stimulate growth through increased public investment in 2016 and over the medium-term.
Click link for full report. http://www.imf.org/external/pubs/ft/scr/2016/cr16216.pdf
