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Guyana's Recovery Masked by Mismanagement | Guyana News
Guyana’s so-called economic transformation is really just a recovery propped up by oil and gas, masking decades of underinvestment in infrastructure, education, and housing. Without hydrocarbon revenue, the country would still be struggling — a legacy of past mismanagement and corruption. The real chance for lasting growth lies in building a solid fiscal base, but instead, the national resource fund has been depleted faster than it’s been replenished, costing billions in potential wealth that could’ve funded pensions, schools, and cash grants. Government spending now outpaces tax revenue, and…
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