The content originally appeared on: News Americas Now News Americas, NEW YORK, NY, Thurs. Oct. 18, 2023: Despite reported revenue from oil royalties of $439 million in the second quarter, which increased the nation’s oil fund balance to $1.72 billion at the end of June, Guyana’s government has secured an additional loan of US$90 million from the Inter-American Development Bank (IDB), adding to Guyana’s debt of nearly US$1 billion. The loan, approved by the IDB’s Board of Executive Directors, is […]
