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HomeNewsIMF APPLAUDS GUYANA’S PROGRESS IN OIL WEALTH MANAGEMENT AND FISCAL TRANSPARENCY

IMF APPLAUDS GUYANA’S PROGRESS IN OIL WEALTH MANAGEMENT AND FISCAL TRANSPARENCY

Guyana has received commendations for its progress in enhancing the management of its oil wealth and fiscal transparency. These accolades were part of the International Monetary Fund’s (IMF) 2023 Consultation report. The report acknowledges the steps taken by Guyana in effectively handling its burgeoning oil sector and maintaining transparent fiscal practices. This recognition by the IMF signifies a positive step towards sustainable economic growth and responsible resource management for Guyana. In her report, Dacia Richards offers more details on the contents of the IMF report and its implications for Guyana’s economic policies and practices.

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