Macroeconomic Forecast Guyana

September 2006 | Macroeconomic Forecasts

The deterioration in the trade balance has pulled the current account balance down substantially. In 2005, the current account deficit more than doubled to US$149.9mn, or 18.5% of GDP (from US$69.8mn in 2004). There is room for optimism in 2006, however. The completion of the privatisation of the bauxite industry (with Russian company

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