(Kaieteur News) – The Inter-American Development Bank (IDB) has stated that Guyana’s overall debt levels remain “highly sustainable” despite a slight increase in the country’s total debt ratio in 2025.

This is according to the bank’s latest Caribbean Economics Quarterly (CEQ) report titled “Fiscal Resilience, Debt Reduction and Domestic Resource Mobilization in the Caribbean.” The report examines the fiscal and debt trajectories of six Caribbean countries: Guyana, The Bahamas, Barbados, Trinidad and Tobago, Jamaica and Suriname.

As it relates to Guyana, IDB noted that the government’s fiscal deficit improved in 2025. It pointed to higher overall expenditure, driven partly by increased transfer payments associated with the government’s universal cash grants that was offset by a larger increase in revenues, which is attributed to non-tax revenues, with oil profit withdrawals.