–Dr. Singh tells stakeholders in Washington D.C. during discussion on Guyana’s unprecedented economic success

GUYANA’S unprecedented economic growth and development were discussed over the weekend at a Guyanese diaspora meeting in Washington D.C., United States of America (USA).
Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr. Ashni Singh and ExxonMobil Guyana’s President, Alistair Routledge, engaged a number of persons from the Guyanese diaspora for a question-and-answer segment.

During a brief address, Dr. Singh said what persons are witnessing in Guyana today is an unprecedented period of extraordinary real economic growth that is without parallel in history.
He related that while much of this economic expansion is happening as a result of the discovery and introduction of oil and gas, there is also extremely strong growth in the non-oil sector, some of which is driven by positive spinoffs from the oil and gas sector.

Importantly, Dr. Singh highlighted that most of this growth “is driven by deliberate government policies to promote a strong and increasingly competitive non-oil economy.”

Further, he noted that the extraordinary growth is allowing the government to face a very real opportunity to improve the lives of every single Guyanese national and families.
The minister told the gathering that it is the deliberate intention of the President, Dr. Irfaan Ali-led Government to translate national prosperity into community, household and individual prosperity.

Minister Singh also assured the Guyanese diaspora and friends of Guyana that the government is under no illusion about the complexities of managing rapid economic growth, and is earnestly approaching this task in a very serious and responsible way, while still striking the appropriate balance between addressing immediate needs and long-term sustainability. The delegation attending the meeting also included Guyana’s Ambassador to the US, Samuel Hinds.