Macroeconomic Forecast Guyana

BMI View: Guyana's total public external debt rose by 13.1% y-o-y in Q311 to US$1.1bn, in line with our full year estimate for 2011. We believe the country's external debt will continue to grow in 2012, on the back of rising public financing needs, and in line with our forecast for it to end the year at US$1.2bn, representing 5.4% growth from 2011 levels.

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