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Guyana Is World’s Most Booming Economy — And Is Set to Grow 38% This Year

www.bloomberg.com Guyana Is World’s Most Booming Economy — And Is Set to Grow 38% This Year

Guyana’s economy will expand 38% this year as a wave of oil wealth transforms the South American nation, the International Monetary Fund said Monday.

Guyana Is World’s Most Booming Economy — And Is Set to Grow 38% This Year

Guyana’s economy will expand 38% this year as a wave of oil wealth transforms the South American nation, the International Monetary Fund said Monday.

Massive offshore oil deposits first drilled by Exxon Mobil Corp. in 2015 have allowed the economy to quadruple in size over the last five years, with rapid growth projected to continue for some time.

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