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Reply to "China lift 700M out of poverty, Guyana can’t lift 700,000"

Bibi Haniffa posted:
Correct.  The economy must be diversified.  Inflation is a big worry.  Right now Guyana central bank is buying currency from commercial banks to keep the economy afloat.  There is a serious decline in foreign exchange as a result of the depletion from revenue coming in from sugar.  It’s one of the reasons the PPP subsidized the sugar industry.  It was a much needed source of foreign exchange.  

What really happened to make investors flee after Granger took over?  I saw lots of building construction halted half finished all over GT.  

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