Guyana launches million dollar initiative to bring back members of their diaspora

get these nets

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Do they even have that money?? The few Guyanese brehs i know say its dangerous and dirt poor back there but the ones who do back go to floss and stunt on their broke countrymen on some fukkboy shyt so i can understand them being food for the locals.

another thing why all the brehs from over there claim to be some kind of manager/supervisor/engineer/ etc??? Im like damn all bosses no worker bees


:russ:

The country has natural resources. Development of industry will be sped up in the near future.

That lack of development is what causes the conditions that prompt people to migrate. The man you met is from a poor section of the country. Don't confuse that to mean that the entire country is poor.
 

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Wife father is from Guyana which makes her second gen, our kids technically 3rd gen even though that’s only 25% of their makeup. I’ve always been intrigued by the country to go there to visit and see her extended family but I always hear it’s too shytty to actually live comfortably there
 

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get these nets

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The country has natural resources. Development of industry will be sped up in the near future.






Guyana expects billion-dollar oil earnings this year​


September 5, 2022


GEORGETOWN, Guyana (AP) — Guyana is likely to earn more than $1 billion this year from its production share of offshore oil exports — more than it will garner from gold, bauxite, timber or any other sector, the central bank said Monday.
The production sharing agreement with American ExxonMobil, Hess Oil of the U.S. and China’s National Offshore Oil Company will give the country an estimated $1.1 billion from the 13 million barrels of oil it is entitled to this year, central bank Governor Gobind Ganga told The Associated Press.

The small South American nation, which hosts the headquarters of the 15-nation Caribbean Community, became an oil producer in 2019 when Exxon lifted the first batch of oil from the seabed — four years after it had announced a massive find about 120 miles offshore Guyana.

The consortium has already drilled more than 30 successful wells, mainly from its Liza Field in the Stabroek Block. Current production is about 350,000 barrels per day but this is expected to more than double when two other oil fields come on stream in the next three years, Exxon has said.

Until oil production began, gold and rice exports had dominated the country’s foreign exchange earnings. With global petroleum prices high, the country expects to enjoy a windfall both from direct oil sales and the massive support system for the industry, including the construction of onshore facilities.

“This is historically the largest amount of revenue we will earn from any single sector this year. This is very obvious with the price of oil today,” Ganga said. Finance Minister Ashni Singh recently projected that gross domestic product would grow by 56% this year, by far the fastest pace in the hemisphere.

The 2015 announcement by Exxon that it had found some of the world’s lightest crude oil has triggered a rush by most of the major producers, with Repsol of Spain, Tullow oil of the United Kingdom and several others either buying into existing oil blocks or negotiating their own.

Commercial oil and gas deposits have been discovered in two additional blocks neighboring Exxon’s, while companies neighboring Suriname have also found large quantities of oil and gas in the basin that the U.S. Geological Survey says contains at least 16 billion barrels of oil
 
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