Guyana’s Economy to Jump 38% Due to Oil

Guyana’s economy will grow by 38% this year, says the International Monetary Fund (IMF). First tapped by Exxon Mobil in 2015, offshore oil reserves have made the nation’s economy four times larger in five years. The IMF sees this rapid expansion continuing. “The mid-term growth looks brighter than ever,” notes the IMF report. The agency […]

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