This episode is about a little-known South American country called Guyana, a new frontier market that has seen an influx of new investments in different sectors since the discovery of oil in its territory in 2015. To talk about Guyana I invited Steven Jasmin, the managing director of Smart City Clearing Company Ltd.(Sc3) an internationally based Frontier Market Merchant Bank and Asset Management firm. Steven has spent a lot of time in Guyana since 2017, and he feels that the country’s status as a Global Leader and Regional Leader will…
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Guyana’s economy is booming and here is why
Last year, despite Covid, Guyana’s Real GDP growth rate was an astounding 43.4% per the IMF. Pre-Covid it was supposed to be 85.6%. As one of only 3 Countries globally with a Real GDP growth rate over 5% in 2020 as a result of the global Covid-19 pandemic, Guyana’s future couldn’t look brighter.
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