During his presentation yesterday at the Guyana Energy Conference and Supply Chain Expo 2025 underway at the Guyana Marriott Hotel, Senior Minister in the Office of the President with Responsibility for Finance and the Public Service Dr. Ashni Singh outlined Guyana’s plans for economic diversification.
A release from the Ministry of Finance said that he also used the opportunity of the forum to assure investors that they have in Guyana and in the current government, a country and government with a long track record of sound and responsible economic management.
Dr. Singh outlined the path of Guyana’s non-oil economic growth over the last half of a decade, highlighting that between 2021 and 2024, Guyana’s non-oil economy has grown at an average of 10.3 percent. He then pointed to the non-oil sectors which have shown robust economic growth including the services, agriculture, forestry and fishing, construction and infrastructure, housing and mining sectors.
Dr. Singh said that in relation to allocations in the Budget, government’s approach is to ensure it strikes a balance between meeting the immediate needs of the people, investing in infrastructure that matter in the medium and long term while also improving, increasing and expanding social programmes.
The Guyana Energy Conference and Supply Chain Expo 2025 which was opened on February 18 under the theme “Connecting the dots: Integrating the future,” will conclude today.
