Economic Developments in Guyana

Guyana’s Attorney-General, Nandlall, has publicly stated the government’s intention to maximize the benefits from its natural resources, despite the challenges posed by what he describes as a lopsided contract with ExxonMobil. This statement reflects the broader context of Guyana’s efforts to ensure that its oil wealth leads to sustainable economic benefits for its population, amidst negotiations and discussions on the terms of engagement with major international oil companies (Caribbean News Global).

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