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Economy & Business - February 2020

REGION: Guyana’s oil surge distorts regional outlook

The Caribbean Development Bank (CDB) held its annual news conference on 11 February at which it predicted healthy economic growth for the region of 4.1% in 2020, but the projection is dramatically skewed by the oil-fuelled surge in growth in Guyana, which the International Monetary Fund (IMF) projects at 85.6% for 2020.

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