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IMF Approves Guyana's Debt Strategy | Guyana News
The IMF just gave Guyana a thumbs-up on its borrowing strategy, confirming that despite public debt climbing to $10.3 billion by 2026, the country’s approach remains sustainable with low risk of financial distress. Praise went to steady fiscal policies—even as deficits widen slightly in 2026 due to social spending, they’re expected to improve in 2027. The IMF urged Guyana to save more oil revenue if prices stay high, aligning spending with economic capacity. With domestic debt dominating and the debt-to-GDP ratio actually falling since 2020, Guyana’s finance team insists their growth-focused…
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