Guyana’s Gross Domestic Product (GDP) growth for last year was 2.1%, falling short of government’s projection of 2.9%, and the 2016 figure of 3.3%, Finance Minister Winston Jordan said yesterday.
“No more guessing. The economy did not perform as robustly as we expected during last year …at the end of the day, it turned out to be even worse than we predicted. So, even though there was positive growth for last year, the growth rate ended up being 2.1%,” Jordan told a press conference yesterday.
Jordan’s press conference came in the wake of concerns that the government was not releasing figures on the 2017 performance.