Guyana economy records 5% growth – PPP

The ruling party yesterday announced close to five percent growth in the economy, despite a “hostile Parliamentary Oppostion”.
The People’s Progressive Party (PPP), in lauding the current administration’s “enormous strides”, said that the growth would have come despite a harsh global environment and a less than supportive domestic environment.
It was also noted as significant that other economies in the region are reeling under the impact of a downturn which resulted from a global economic and financial crisis.