Budget Review and Analysis
By Clinton Urling
2011 Year’s Economic Growth
Continuing an impressive streak of growth that has now run for six consecutive years, Guyana’s economy turned in another stellar performance last year, growing by a rate of 5.4 per cent.
This overall favourable economic environment is reflected in the performance of the Georgetown Chamber’s member companies. In a recent survey of members, 84 per cent indicated they either broke even or recorded a net profit in 2011. Echoing the larger economic trend, a large majority also are highly optimistic about this year’s prospects for Guyana’s economy and their businesses.