Guyana’s debt distress risk remains moderate but is rising according to the Country Report released by the International Monetary Fund (IMF) this month.
According to a debt sustainability analysis of Guyana by the IMF and World Bank, debt indicators remain well below their respective thresholds over the projection period in the baseline scenario. The present value of external debt-to-GDP (Gross Domestic Product) ratio rises to around 28 per cent in the long run.
The analysis warned that Guyana remains vulnerable to large terms of
