IMF 2023 Article IV consultations on Guyana

The Speaker of Canada’s House of Commons lower chamber is resigning from the position for publicly praising Yaroslav Hunka, a former Nazi soldier. His resignation will take effect from Wednesday. Acknowledging that he had made a mistake by inviting the ex-soldier to attend a session in the House honouring Ukrainian President Volodymyr Zelenskiy, the Speaker stated that the public recognition has caused pain to individuals and communities, including the Jewish community in Canada and around the world. Accordingly, he accepted full responsibility for his actions. Hunka had served in one of Adolf Hitler’s Waffen SS units during World War II.

Three weeks ago, the International Monetary Fund (IMF) released the preliminary results of its 2023 Article IV Consultations on Guyana. During the period 28 August to 11 September 2023, a team from the IMF held discussions with senior government officials as well as representatives of the private sector, the banks, trade unions and other stakeholders. Following this, the team prepared its assessment, in the form of a Concluding Statement, which is subject to the approval of the IMF Executive Board. Based on the preliminary findings, the team will then prepare a full report for consideration by management after which it is presented to the Board for discussion and decision.