Fundamental constraints on growth affect Guyana’s economy-APNU.

Georgetown- Since the severe economic disruption suffered in the 1980s a programme of economic adjustment eventually led to an unprecedented period of high growth from 1991 to 1997. Since 1997, the rate of economic growth has either been negative, marginal or insufficient to lift levels of employment and development significantly, this is according to the latest release from A partnership of National Unity. The party stated that the current Government’s efforts to raise the level of development have to be judged against their impact on those factors.
The debates on recent annual national budgets and the most recent review of the country’s half-year performance also point to a number of areas of concern.The state of the economic statistics leaves a lot to be desired and the Government’s efforts to mask failure by trying to confuse analysts, by devices such as changing the base years for the economic series, the release added. In response to what the APNU calls a failed economic policy, the party outlined its policy for economic growth and stability.