Introduction
Thus far I have argued that the 2020 crisis delivered a huge setback to Guyana’s forecasted 86% GDP growth rate modeled by the IMF for that year, in Q4 2019. This was touted as the fastest expected 2020 growth rate worldwide. By the end of 2020, the IMF had revised downward this rate to 8.1%. Nonetheless, despite this massive setback, Guyana has ended the year becoming one of only a handful of countries that had positive growth; and most likely among the top five performers. Of note, the newly elected government in its 2021 National Budget has reported the 2020 GDP growth rate at 20.9%.
