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Guyana: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guyana
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 317
Language:
English
Publication Date:
27 Sep 2022
DOI:
https://doi.org/10.5089/9798400220289.002
ISBN:
9798400220289
ISSN:
1934-7685
Pages:
102
Keywords:
IMF FSAP; Guyanese authorities; climate change policy framework; capital investment; anti-corruption framework; Oil; External sector statistics; Global; Caribbean
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Following the pandemic-induced recession in 2020, economic growth recovered in 2021, with non-oil GDP growth reaching 4.6 percent, despite being negatively impacted by floods. Inflation increased markedly since 2021 owing to the floods and supply-side disruptions, as well as continually rising fuel and food prices. Oil production increased and will ramp up substantially over the medium term.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund