Guyana's economic growth could reach close to 60% this year, the International Monetary Fund said in a statement on Tuesday, urging cautious policies even as the tiny South American nation benefits from surging oil production.
"Overall real GDP growth rate is projected to be 57.8% in 2022," the IMF said in a statement following bilateral talks, predicting that oil production will more than double this year and continue growing at an average pace of 30% per year until 2026.
