What are the latest news in Guyana?
Key developments and recent news in Guyana include:
- Energy Strategy & Domestic Refinery Plans: The government clarified its strategy regarding a national oil company framework. Rather than functioning as a direct state oil explorer, the focus is on developing domestic refining and expanding national fuel storage capacity (from 30 to 120 days) to curb reliance on imported refined fuel, buffer against global market spikes, and eventually supply fuel across the CARICOM region. -Caribbean Today+ 1——–
- Economic Growth & IDB Assessment: A recent report from the Inter-American Development Bank (IDB) highlighted Guyana’s ongoing position among the world’s fastest-growing economies.- The assessment noted significant declines in the national unemployment rate alongside lower debt-servicing burdens relative to revenue, even as infrastructure investments expand. -Jamaica Observer+ 1——–
- Guyana–Suriname Ferry Service Resumption: Cross-border ferry operations via the MV Canawaima across the Corentyne River resumed after Suriname’s Maritime Authority lifted temporary restrictions following safety inspections.- Officials prioritized clearing stranded passengers while discussing long-term vessel drydocking and replacement options. -Demerara Waves+ 1——–
- Diplomatic Appointments: Bilateral ties with neighboring Suriname saw the appointment of Suriname’s former defence minister as the country’s new ambassador to Guyana.- Demerara Waves Online News- Guyana———
- Domestic Politics: Main opposition political groups, including A Partnership for National Unity (APNU) and We Invest in Nationhood (WIN), issued joint communications regarding shared political and parliamentary coordination. -demerarawaves.com——–