IMF sees governance weaknesses that can lead to corruption

IMF

The International Monetary Fund (IMF) has highlighted gaps in Guyana’s governance structure which it contends could lead to corruption.

According to the Staff Report from its 2019 Article IV Mission, weakness in several key areas such as fiscal governance, regulatory framework, rule of law, and AML/CFT could give rise to corruption vulnerabilities.

The staff noted that authorities have taken steps to strengthen governance in the areas highlighted, but capacity weaknesses continue to impact decisive implementation of policy actions.