IMF urges fiscal discipline for spending oil money; Jagdeo says it’s being managed

With a steady flow of billions of dollars in oil revenues expected, the International Monetary Fund (IMF) is urging Guyana to implement a strict fiscal rule to rein in excess spending. According to the IMF, Guyana is at high risk of greater macroeconomic volatility in its gross domestic product (GDP) growth, fiscal revenues, expenditure, inflation, … Continue reading IMF urges fiscal discipline for spending oil money; Jagdeo says it’s being managed