Guyana is experiencing a remarkable surge in GDP per capita, driven by the emergence of its oil industry, which began production in 2019. This growth is evident in a staggering 38% increase in GDP, following an impressive 63% rise in the previous year. While the oil boom presents exciting opportunities, it also introduces significant challenges. There is a growing recognition of the need to transform this newfound wealth into lasting progress for the nation’s citizens.
In response to these challenges, the Government of Guyana is committed to enhancing its efficiency and effectiveness in driving economic and social development. A key initiative in this effort is the strengthening of capacity for results-based management across the central government. To support this, the government is actively pursuing the National Monitoring and Evaluation Strategy and Action Plan.
One pivotal component of this strategy is the Build-An-Indicator Workshop (BAIW), designed and implemented by the COMPASS Institute. This workshop complements the annual Mini-International Programme for Development Evaluation Training (IPDET) – Introductory Course in Monitoring & Evaluation, hosted by the Ministry of Finance (MoF).
The upcoming BAIW marks the ninth iteration of this intensive 40-hour program, which is taking place onsite in Georgetown, Guyana, from October 14 to 18, 2024. Through this workshop, participants will gain vital skills and tools on indicator design combining international best practices with Guyana’s institutional environment.