Guyana Scales Back Borrowing as Elections Test Oil Boom Stability ...Middle East

OILPRICE - Economy
Guyana Scales Back Borrowing as Elections Test Oil Boom Stability
Guyana’s government will reduce external borrowing for major infrastructure projects, Vice President Bharrat Jagdeo said, citing the country’s swelling oil revenues and a growing push for fiscal restraint. Speaking at a press briefing, Jagdeo said new revenue flows made it unnecessary to pursue as many external loans for transport and energy projects as previously planned, adding, “We have cash balances,” Demerara Waves reported. The Vice-President underscored that future spending would be more tightly tied to earnings from…

Hence then, the article about guyana scales back borrowing as elections test oil boom stability was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Guyana Scales Back Borrowing as Elections Test Oil Boom Stability )

Apple Storegoogle play

Last updated :

Also on site :



Latest News