Latin American Economy & Business - January 2015 (ISSN 1741-7430)
GUYANA: Questions of energy and power
By most metrics, Guyana's economy has performed well in recent years. Progress through 2015-2017 will depend significantly on two factors. One is the arrangement of finances for the Amaila Falls Hydroelectric Project (AFHP). The other is the possible lack of access to credit through Venezuela’s discount oil scheme, Petrocaribe. All this is at a time that Guyana's political situation is complex. On 10 November, President Donald Ramotar prorogued (suspended) Guyana's parliament. On 21 January, the president announced that a general election will be held on 11 May next.
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