Country Program Evaluation Guyana (2002-2006)
Inter-American Development Bank (IDB)
This report (RE-331) presents an evaluation of the Inter-American Development Bank's program of engagement with Guyana for the 2002-2006 period, from its intent expressed mainly in the Country Strategy with Guyana (GN-2228) and other Bank documents, to the actual delivery of the program. The document includes a description of the background, a discussion on the Bank's performance, a comparison the program and the delivery, and a presentation of program results. The quest for a new sustainable force that can effectively produce growth is the major economic challenge faced by Guyana and its development partners. A further challenge comes from the negative effect on foreign and domestic investment flows over the period, resulting from the perception of an adverse business climate.