Building Guyana’s Future: Attracting Global Talent to Sustain Economic Growth Guyana’s oil and gas sector has ignited a new chapter in the nation’s economic journey. Yet, as we capitalize on these natural …
Foreign Investment
Guyana’s Oil Boom: Fueling the World’s Fastest Growing GDP Per Capita
Guyana’s Oil Boom: Fueling the World’s Fastest Growing GDP Per Capita In recent years, Guyana has experienced remarkable economic growth, driven by the rapid development of its oil sector. According to recent …
Building National Prosperity Through Shared Ownership: A Sustainable Approach to Guyana’s Key Resources
Building National Prosperity Through Shared Ownership: A Sustainable Approach to Guyana’s Key Resources By Hon. Kwasi Fraser, Former Mayor of Purcellville, Virginia As Guyana experiences a historic opportunity with the discovery and …
ExxonMobil Plans to Boost Guyana’s Offshore Output by 18,000 bpd
ExxonMobil Guyana is preparing to increase its output from the Stabroek Block offshore by an additional 18,000 barrels per day (bpd). According to the company’s country manager, Alistair Routledge, this plan is …
Guyana’s $200,000 One-Off Cash Grant: A Step Forward, but More is Needed
President Irfaan Ali’s recent announcement of a $200,000 one-off cash grant to every household across Guyana comes during unprecedented economic growth fueled by the country’s expanding oil sector. The proposal is bold, …
Navigating the Tide: Chinese Retail Investment in Guyana’s Evolving Economy
Navigating the Tide: Chinese Retail Investment in Guyana’s Evolving Economy By Terrence Richard Blackman, Ph.D. The surging wave of Chinese merchants flooding Guyana’s retail sector raises red flags for the nation’s delicate …
A Crucial Juncture for Anti-Corruption Efforts in Guyana
A Crucial Juncture for Anti-Corruption Efforts in Guyana Recent U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions against prominent members of one of Guyana’s wealthiest families, the Mohameds, …
ExxonMobil Advances Guyana’s Oil Production with Whiptail Development, Enhancing National Economic Growth
ExxonMobil has greenlit the Whiptail development off the coast of Guyana, marking the sixth initiative on the Stabroek block, following government and regulatory endorsements. This development is poised to enhance production by …
Guyana’s Oil Revenue Surge in Q1 2024
In the first quarter of 2024, Guyana earned $126.3 billion (US$604.3 million) from oil revenues, as documented by the Natural Resource Fund (NRF) records. A significant portion of this income was derived …
