Guyana: 2010 Article IV Consultation: Staff Report, Supplement, Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Guyana

International Monetary Fund

No 2011/152, IMF Staff Country Reports from International Monetary Fund

Abstract: Despite external and domestic shocks, the Guyanese economy demonstrated resilience and registered a fifth consecutive year of robust growth in 2010. The authorities started making payouts to Colonial Life Insurance Company (CLICO) policyholders, in line with their plans to minimize fiscal costs. Efforts to improve the Guyana Revenue Authority (GRA) continued. Its new functional organization was consolidated, improving further the integrated tax information system (TRIPS), the profiling of taxpayers, and on-site inspections at the country’s ports of entry. Executive Directors endorsed the authorities’ Low Carbon Development Strategy.

Keywords: ISCR; CR; authority; real GDP; debt relief; debt service; Guyanese authorities; authorities in Guyana; development agenda; broad money; Public sector; Debt sustainability; Oil prices; Global; Caribbean (search for similar items in EconPapers)
Pages: 81
Date: 2011-06-28
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