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

Former Member

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.

9/29/193:06 PM

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