1.

Record Nr.

UNINA9910788094803321

Titolo

Guyana : : Staff Report for the 2013 Article IV Consultation

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4983-1968-8

1-4983-3250-1

Descrizione fisica

1 online resource (75 p.)

Collana

IMF Staff Country Reports

Disciplina

330.988103

Soggetti

Economic indicators - Guyana

Economic forecasting - Guyana

Financial risk management - Guyana

Banks and Banking

Exports and Imports

Macroeconomics

Public Finance

Statistics

Industries: Financial Services

Debt

Debt Management

Sovereign Debt

International Lending and Debt Problems

Public Enterprises

Public-Private Enterprises

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Data Collection and Data Estimation Methodology

Computer Programs: Other

Current Account Adjustment

Short-term Capital Movements

International economics

Public finance & taxation

Civil service & public sector

Econometrics & economic statistics

Banking

Public debt

Public sector



External debt

Current account deficits

Imports

Economic sectors

Balance of payments

International trade

Debts, Public

Debts, External

Finance, Public

Finance

Guyana Economic conditions

Guyana Economic policy

Guyana

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; CONTENTS; BACKGROUND; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Policy Framework to Contain Fiscal Risks and Protect Debt Sustainability; B. A Framework to Anchor Prices and Protect Financial Stability; C. Agenda for Supporting Sustainable Growth and Poverty Reduction; D. Measures to Improve Official Data; STAFF APPRAISAL; BOXES; 1. Authorities' Response to Past IMF Policy Recommendations; 2. External Stability Assessment; FIGURES; 1. Comparative Regional Developments; 2. Real Sector Indicators; 3. External Sector Developments; 4. Fiscal Sector Developments

5. Financial Soundness Indicators 6. Monetary Developments; TABLES; 1. Selected Social and Economic Indicators; 2. Balance of Payments; 3a. Non-financial Public Sector Operations (In Billions of Guyanese Dollars); 3b. Non-financial Public Sector Operations (In Percent of GDP); 3c. Non-financial Public Sector Operations (GFSM 2001 Format); 4. Summary Account of the Bank of Guyana and Monetary Survey; 5. External Financing Requirements and Sources; 6. Indicators of External and Financial Vulnerability; 7. Medium-Term Balance of Payments; 8. Risk Assessment Matrix; 9. Macro Framework

Sommario/riassunto

The economy has experienced seven consecutive years of robust growth, buoyed by high commodity prices, foreign direct investment and expansion of private sector credit. As part of a strategy to sustain growth, reduce poverty and curtail dependence on imported oil, the authorities are pursuing the Amaila Falls Hydro-electric Project (AFHP), entailing investment of about 30 percent of GDP. However, steps by Parliament that delayed important approvals led the private sector partner to withdraw, which could delay the project while additional financing is sought. Meanwhile, public debt remains high—around 60 percent of GDP—limiting the room to finance inclusive growth.