Significance
The government has changed hands only once since independence in 1966: in 1992 the People's Progressive Party (PPP), led by Cheddi Jagan, assumed power following 26 years of People's National Congress (PNC) government. Since the last election in 2011 the government has been hamstrung by a parliament in which a coalition of opposition parties, including the PNC, held a one-seat majority. The result has been gridlock, with no new legislation approved, and continuous disputes over the budget, government spending and agreements with foreign investors.
Impacts
The election could allow a new government to work toward consensus-building.
This might facilitate policies to develop Guyana's potential, and narrow the socioeconomic gap with the rest of the region.
If the result is close, political tension and deadlock will persist, undermining the business climate, investment and social progress.