Guyana, Economy

Immediately before independence in 1966, Guyana was in the early stages of developing its resources. The development continued under an economic plan drawn up by British, United States, and Canadian experts. Manufacturing, which was on a small scale in the late 1960s, was expanded in the 1970s, but in the late 1980s the economy of Guyana was dominated by agriculture and service industries. The national budget in 1996 included revenue of $247 million and expenditure of $287 million.