IMF, World Bank to review financial sector

Government has asked the International Monetary Fund (IMF) and the World Bank to conduct an independent review of Guyana’s financial sector which is likely to be done next year.

In his Budget 2015 presentation on Monday, Minister of Finance Winston Jordan told the National Assembly that government has requested the IMF and the World Bank to conduct a Financial Sector Assessment Programme (FSAP), and this is likely to be done in 2016.

“The FSAP is a comprehensive and in-depth assessment of a country’s financial sector,