Guyana at risk of external debt crisis

Guyana is among several countries at risk of a government external debt crisis, according to a report released this month by UK-based non-governmental movement Jubilee Debt Campaign.

The report, ‘The new debt trap – How the response to the last global financial crisis has laid the ground for the next,’ was released earlier this month and was undertaken with the assistance of the European Union (EU). According to the report, Guyana is among 29 countries that has a significant net external debt and significant projected future government debt payments.

Jubilee Debt Campaign is a UK coalition that has been lobbying for the debts of the