Guyana’s economic growth is due to Private Sector investment

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Finance Minister, Dr. Ashni Singh
Finance Minister, Dr. Ashni Singh

The achievement of economic growth in Guyana is mainly due to the country’s dynamic private sector.

This is according to Finance Minister, Dr. Ashni Singh, who pointed out that Guyana’s economy has performed exceedingly well in the last six years, despite the tough external circumstances.

He made these remarks during his address at the economic forum which was held at the International conference centre.

The Finance Minister emphasised that it is the Private Sector which has been investing and exerting efforts to ensure that there is continues competitiveness in the country.

According to Dr. Singh, government has ensured that there is macroeconomic stability, along with creating an environment to promote diversification of the economies.

He explained that the country’s economy is no longer exposed or dependent on Guyana’s minerals for sustainability, as was the case twenty years ago.

 

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