Guyana’s economy de-clined by 2.5% in the first half of 2015 when compared with the same period in 2014, according to the Ministry of Finance’s Mid-Year Report but Minister Winston Jordan is optimistic of a recovery by the end of the year.
The mid-year report, which is due to be tabled in the National Assembly on Thursday, stated that the country recorded real Gross Domestic Product (GDP) growth of 0.7% in the first half of 2015, with non-sugar GDP recording a growth rate of 0.8%, the Government Information Agency (GINA) reported yesterday. It noted
