A Seismic Shift: Guyana's Growth Spurt Driven by Oil Riches, Despite Enduring Hurdles
Guyana is witnessing a period of unprecedented development fueled by its recent strike of vast oil reserves. The influx of revenue from the burgeoning industry has rejuvenated the economy, leading to utility improvements and spurring various sectors. However, this phenomenon is not without its complications. The rapid expansion of the oil sector h