Guyana

Highlights from the Staff Concluding Statement of the 2018 Article IV Mission to Guyana: Economic growth slowed in 2017, but became more broad-based Weaker than expected export growth and higher oil prices contributed to current account balance turning negative Fiscal deficit remained stable in 2017 Medium-term prospects are stable (driven by oil production) Debt sustainability…

Read More Guyana: IMF Staff Concluding Statement of the 2018 Article IV Mission

Another oil discovery for Guyana as reported by nationnews.com yesterday. Excerpt from Exxon’s website: The gross recoverable resources for the Stabroek block are now estimated to total more than 3.2 billion recoverable oil-equivalent barrels, including Liza, Liza Deep, Payara, Snoek and Turbot Let’s look at some basic calculations: At the time of this post, the…

Read More New oil discovery for Guyana

Based on data obtained from the September 2017 edition of the Speedtest Global Index, Barbados has the highest download speeds for fixed broadband in the Caribbean (45 Mbps).¬†From a global perspective (131 countries), Singapore was ranked number 1 with download speeds of 156 Mbps and Venezuela was at the bottom of the table with 3.42…

Read More Barbados Leads in Caribbean Fixed Broadband Rankings