As a soon to be oil producing nation, Guyana cannot afford bureaucratic delays in doing business, according to Inter-national Monetary Fund (IMF) Mission Chief to Guyana Dr. Arnold McIntyre.
“To ensure that the no-oil economy continues to expand, one cannot sit on one’s laurels. You have to pursue the improvement to infrastructure, improve the ease of doing business,” McIntyre said during a recent interview with Trinidadian economist Marla Dukharan.
Last year, Guyana dropped eight places in the World Bank’s rankings for the ease of doing business, falling to a ranking of 134 out of 190 countries, from a ranking of 126 in 2017.
