UberEatsDriver
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Indians are the largest group there and racist
Guyana projected to earn $ 1 Billion from oil sales in 2022/ *have 2nd highest GDP growth in the world in 2023
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Veteran
Feb 23, 2023
Historic carbon credits payments set for Amerindian communities - Stabroek News
Population size was a key determining factor in government’s methodology for the distribution of money earned from Guyana’s sale of carbon credits, Vice
www.stabroeknews.com
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Veteran
IMF Executive Board Concludes 2023 Article IV Consultation with Guyana
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guyana and considered and endorsed the staff appraisal without a meeting.
www.imf.org
The Fastest-Growing Economies in 2023
GDP
Dec 8, 2023Guyana, located on the north-eastern coast of South America, is emerging as a significant economic force. According to the International Monetary Fund (IMF), the real GDP of this country with a population of 800,000 is expected to have grown by around 38.4 percent in 2023 (as at October 2023). No other country has recorded a higher growth rate this year. The main factor behind this development is oil production. In 2015, the oil and gas company ExxonMobil discovered significant oil deposits off the coast of Guyana. The so-called Stabroek block has an estimated total volume of up to ten billion barrels of oil. The oil fields play a central role in the current flare-up of tensions with Venezuela, as the neighboring country claims the region west of the Essequibo River and therefore most of the waters off the coast of Guyana.
The only economy to surpass Guyana's economic boom in 2023 is the Chinese Special Administrative Region of Macau. Known as the "Las Vegas of Asia", Macau has become a vibrant center for commerce and entertainment. GDP growth of over 74 percent is mainly driven by industries such as tourism, gambling and real estate. Government initiatives to diversify the economy and strengthen international partnerships have helped drive economic growth.
Gross domestic product growth is an important indicator of a country's economic strength. A look at global IMF forecasts shows that most countries are once again experiencing weak growth following last year's slump.
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Veteran
*25 minutes long
Mar 28, 2024
www.bbc.co.uk
Mar 28, 2024
HARDtalk - Mohamed Irfaan Ali, President of Guyana
Stephen Sackur speaks to Guyana's president, Mohamed Irfaan Ali. Vast offshore oil and gas reserves are transforming the Guyanese economy. But will oil prove to be a blessing or a curse?
www.bbc.co.uk
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International Playa
Playa with a Passport
*25 minutes long
Mar 28, 2024
HARDtalk - Mohamed Irfaan Ali, President of Guyana
Stephen Sackur speaks to Guyana's president, Mohamed Irfaan Ali. Vast offshore oil and gas reserves are transforming the Guyanese economy. But will oil prove to be a blessing or a curse?
Typical cac, hating on a prospering black nation
get these nets
Veteran
*Guyanese dollars
Oct 30, 2024
Guyanese people living abroad will also be eligible to collect the cash grant, as long as they are have a national ID card or passport
EVERY GUYANESE adult citizen is set to get a one-off $100,000 cash grant, the President of Guyana has announced.
President Irfaan Ali previously announced $200,000 cash grant for every household, but that idea has been scrapped to minimise potential conflicts and administrative challenges.
“This also addresses the many concerns of young people who may not yet have a family but thought…that they will not benefit from the household allocations because they were not yet the head of the household. This new initiative will now take into consideration and expand the benefit to those young professionals also,” President Ali explained.
He also said: “My government will now expand this benefit by providing a one-off cash grant of $100,000 to every citizen of Guyana 18 years and above, as of the 1st of January 2024 with a simple means of clarification being possession of a national valid identification card and/or a valid passport.”
So far Ali’s administration have launched a series of measures which will boost the disposable income for the public, including removing more than 200 taxes and fees.
Guyanese people living abroad will also be eligible to collect the cash grant, as long as they are have a national ID card or passport and can travel to Guyana for the registration process.
The grant, which is approximately £369, can only be collected in person.
Vice President Bharrat Jagdeo recently announced there is no residency requirement needed in order to receive the grant.
US oil giant ExxonMobil found more than 11 billion barrels of oil equivalent resources offshore Guyana in 2015.
The oil production in the country has been a major contributor to the Caribbean nation’s economic growth.
In 2022, Guyana’s GDP grew by 62.3%, which was the highest real GDP growth in the world for that year.
Earlier this month, President Ali also announced he will be scrapping tuition fees for the University of Guyana and at all government and technical institutions starting in January 2025.
Oct 30, 2024
Guyana oil boom: every Guyanese adult citizen to get $100,000 cash grant
Guyanese people living abroad will also be eligible to collect the cash grant, as long as they are have a national ID card or passport
EVERY GUYANESE adult citizen is set to get a one-off $100,000 cash grant, the President of Guyana has announced.
President Irfaan Ali previously announced $200,000 cash grant for every household, but that idea has been scrapped to minimise potential conflicts and administrative challenges.
“This also addresses the many concerns of young people who may not yet have a family but thought…that they will not benefit from the household allocations because they were not yet the head of the household. This new initiative will now take into consideration and expand the benefit to those young professionals also,” President Ali explained.
He also said: “My government will now expand this benefit by providing a one-off cash grant of $100,000 to every citizen of Guyana 18 years and above, as of the 1st of January 2024 with a simple means of clarification being possession of a national valid identification card and/or a valid passport.”
Tuition fees scrapped
The grants are part of the government’s commitment to ensuring the people of Guyana benefit from the country’s new-found oil wealth.So far Ali’s administration have launched a series of measures which will boost the disposable income for the public, including removing more than 200 taxes and fees.
Guyanese people living abroad will also be eligible to collect the cash grant, as long as they are have a national ID card or passport and can travel to Guyana for the registration process.
The grant, which is approximately £369, can only be collected in person.
Vice President Bharrat Jagdeo recently announced there is no residency requirement needed in order to receive the grant.
US oil giant ExxonMobil found more than 11 billion barrels of oil equivalent resources offshore Guyana in 2015.
The oil production in the country has been a major contributor to the Caribbean nation’s economic growth.
In 2022, Guyana’s GDP grew by 62.3%, which was the highest real GDP growth in the world for that year.
Earlier this month, President Ali also announced he will be scrapping tuition fees for the University of Guyana and at all government and technical institutions starting in January 2025.
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Veteran
duplicate
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and venezuela wants to invade smh
ReasonableMatic
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What you mean to say is with a Caribbean accent,
as they’re from Guyana not Jamaica.
Chinese-Caribbean ppl are literally normal in “the Guianas”
Chinese-Guyanese in Guyana. They’ve been there since 1853.
Chinese-Surinamese in Surinam.
They’ve been in Surinam since 1853.
In the beginning only men were sent to Surinam.
Some had children with Afro-Surinamese women.
That’s why it’s not weird to meet even an Afro-Surinamese person with a Chinese last name.
010101
C L O N E*0690//////
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What you mean to say is with a Caribbean accent,
as they’re from Guyana not Jamaica.
Chinese-Caribbean ppl are literally normal in “the Guianas”
Chinese-Guyanese in Guyana. They’ve been there since 1853.
Chinese-Surinamese in Surinam.
They’ve been in Surinam since 1853.
In the beginning only men were sent to Surinam.
Some had children with Afro-Surinamese women.
That’s why it’s not weird to meet even an Afro-Surinamese person with a Chinese last name.
I wanted to say patois but my spellcheck wasn’t working lol