Guyana’s Finance Minister Dr. Ashni Singh told investors gathered on Thursday at the 2025 Guyana Energy Conference and Supply Chain Expo that the government is serious, responsible, and eager to support new business ventures in the small South American nation.
To evidence his point, the Finance Minister outlined the government’s investments and wealth management. A key part of his argument was that the People’s Progressive Party Civic (PPP/C) has, from 1992 to 2014 and then since 2020, been able to manage the country’s debt well.
He said from 1992 to 2014, the debt-to-GDP ratio was reduced from an alarming 617% to 38%. And since 2020, when the current administration took office again, the debt-to-GDP ratio has remained low and is now the second lowest in the hemisphere.
This ratio measures a country’s ability to repay its debt, or money borrowed. The Finance Minister posited that Guyana is well-positioned to repay its debts while continuing to invest in much-needed projects and social services.
As such, he assured current and potential investors that they would be operating in a country with a responsible government at the helm.
“You have in Guyana, and you have in this government led by President Dr. Irfaan Ali, a country and a government that has a long track record of responsible economic management.
“As investors for the long term… you wanna know that the people who are doing this are serious, responsible, credible people, who have a demonstrated track record of doing this even in times of considerably greater economic difficulty,” the Finance Minister said.
As he assured the investors that Guyana is a good place to invest because of its governance, Dr. Singh said business opportunities are abundant.
“It does not matter what you supply, there is a demand for whatever you produce and supply
“… We want to see many of you doing business in Guyana and doing business with your Guyanese counterparts,” he noted.
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