Suriname’s Mega Oil Boom Is Back on Track ...Middle East

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Suriname’s Mega Oil Boom Is Back on Track
source : OILPRICE ( Middle East ) () 38
A fiscal crisis, near economic collapse, and civil unrest have the government of Suriname, one of South America’s poorest countries, hungrily eyeing neighboring Guyana’s oil boom, which made that country the world’s fastest-growing economy. A spiraling cost of living and deep economic crisis sparked by the COVID-19 pandemic saw violent protests erupt at the start of 2023. These triggered further instability in the former Dutch colony which is struggling to regain its footing after a decade of despotic rule by military…

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