Guyana Politics: IMF’s projected 86% growth rate giving Guyanese the wrong impression – says Jagdeo

 Nov 08, 2019  News – By Kemol King

Bharrat Jagdeo

It is the view of Opposition Leader, Bharrat Jagdeo, that news of an 86 percent economic growth for Guyana after the first year of oil production is not painting the whole picture for the Guyanese public.

During a press conference at his Church Street office on November 7, Jagdeo said, “I’ve seen another set of so-called positive news which says the gross domestic product (GDP) of Guyana will increase by 86 percent next year and within, say five years, we can triple the size of our economy… That sounds really good… [But] does it mean it’s all great news for Guyana?”