Guyana’s story is inspirational-CDB President

Guyana’s story is inspirational-CDB President


THE performance of the Guyana economy was described as inspirational to regional counterparts by the Caribbean Development Bank’s President Dr. William Warren Smith.

In an interview shared with Finance Minister Dr. Ashni Singh last evening on the National Communications Network (NCN), the top regional banking official said that with a few notable exceptions, such as Guyana, the state of the Caribbean’s economy is “not good”.
He said that generally those countries that have managed their fiscal affairs well, and also have had the good fortune of being producers of commodities are the ones that are doing well, economically.
“That is the story of Guyana and I like to talk about the Guyana story because it is inspirational”.
The CDB president said that those countries having a difficult time have an opportunity to look at Guyana “which has travelled a very difficult road over a very long time”.
He noted that successive Guyanese Governments have made tough decisions and stayed the course. “There has been a consistency of policy over a very long time and what you’ve seen today is the culmination of that vision, that tenacity to do the right things”.