Guyana’s Economic Boom Masks Growing Social Strain Ahead of Elections

Guyana stands at a pivotal crossroads. Its economy has surged by an astonishing 63% in 2022 and continued with another robust 43% growth in 2024, fueled by newfound oil wealth that promises to transform this small South American nation. Yet, as the country heads toward elections on September 1, a growing frustration simmers beneath the surface. For hardworking Guyanese like Mary Braithwaite and Sharda, the soaring cost of living casts a shadow over any promises of prosperity. How Much Wealth Reaches the People? The undeniable boom from offshore oil production has vaulted Guyana from poverty into headlines worldwide, but economic...