Caribbean governments including Guyana are being encouraged to invest in infrastructure as a means to stimulate the local economy post COVID-19.
“A well-designed public investment programme can help stimulate the economic recovery,” a report from the Inter-American Development Bank advised explaining that while fiscal space will remain a constraint, additional resources could be channeled to high-productivity infrastructure products to further stimulate growth.
The report – “A Pandemic Surge and Evolving Policy Responses” – is part of the Quarterly Bulletin Series put together by the economics team of the Caribbean Department of the IDB. It includes detailed analyses for Guyana, Jamaica, Barbados, The Bahamas, Suriname and Trinidad and Tobago.