Confronting 2017

Focus and attention

The national economy is usually divided up into four sectors, namely, agriculture, mining, manufacturing and services. Forestry and fisheries are usually joined with agriculture while mining is usually paired with quarrying.  These sectors contain several industries which form the backbone of Guyana’s productive capability.

Guyana heads to the New Year with the economy still in positive territory, but with some risk of a downward trajectory from parts of the economy that performed very poorly in 2016.  Clearly, the economy is not firing on all cylinders and if decisive action is not taken, the poorly performing areas of the economy could continue in 2017 and drag the economy down further.  Those areas need some focus and attention.