Guyana has, therefore, been getting external debt relief from the  4  BIS Review 22/2003  multilateral and regional agencies (IMF, World Bank, CDB and IDB) as well as from bilateral creditors. The bulk of the bilateral relief (about $ 360 million) is coming from Trinidad & Tobago. Why?
Because Trinidad & Tobago happens to be Guyana’s largest creditor, through oil-facility loans extended in the late 1970s and early 1980s - during the first oil boom. Jamaica is perhaps the country in the region that has been most negatively affected, by capital account liberalization and by the judgements of the private capital markets.