Can Guyana Avoid the Oil Curse?

With enormous oil reserves, Guyana stands on the threshold of transformation. Its economy grew more than 60 per cent in 2022 largely because of an influx of oil revenues. But the nation’s rich resources come with promised opportunities and serious risks.

In 2023, the challenge is to ensure those financial resources are put to work improving education and healthcare for Guyana’s people, protecting its environment and diversifying the nation’s overall economy.

CIJN spoke with some of Guyana’s civic leaders who warn it can only be done if the government opens its books to the public and promotes a national dialogue about how this newfound wealth can be put to work.