IMF says Guyana has very good management of economy, strong growth

IMF says Guyana has very good management of economy, strong growth

The International Monetary Fund (IMF) predicted that Guyana’s real GDP will expand by 10.3% this year, building on the double-digit growth recorded over the past year. And the body’s Director of the Western Hemisphere Department, Rodrigo Valdés acknowledged that the country has been enjoying “very good” economic management. Mr. Valdés noted that Guyana and Suriname are neighbouring countries with nascent oil and gas sectors contributing to econo…

Investing in Guyana: how to capitalize on an oil and gas boom country - The Wandering Investor

Following the discovery and exploitation of massive reserves of oil & gas, Guyana’s economy has been on a tear, with GDP even growing over 60% in 2022, and predicted to grow in the double digits in 2025. I had a chat with Cody and Austin of Adventure Capitalist who have been spending time on the ground in Guyana exploring various opportunities for investors and entrepreneurs. They even met with the president. We had an interesting discussion on …