World Bank urges Guyana to guard against volatile revenues and spending surges

(Kaieteur News) – The World Bank in a recent assessment of Latin America and the Caribbean (LAC) noted that Guyana’s rapidly expanding oil-driven economy must be carefully managed. The bank flagged that while some Caribbean countries continue to struggle with high debt, oil-producing states like Guyana face a different but equally complex challenge-managing volatile revenues as […] The post World Bank urges Guyana to guard against volatile revenues and spending surges appeared first on Kaieteur News.

World Bank urges Guyana to guard against volatile revenues and spending surges

(Kaieteur News) – The World Bank in a recent assessment of Latin America and the Caribbean (LAC) noted that Guyana’s rapidly expanding oil-driven economy must be carefully managed. The bank flagged that while some Caribbean countries continue to struggle with high debt, oil-producing states like Guyana face a different but equally complex challenge-managing volatile revenues as […]

The post World Bank urges Guyana to guard against volatile revenues and spending surges appeared first on Kaieteur News.