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Guyana paid US$34M in interest for 6 months to service debt – Bank of Guyana Report

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…as multilateral lenders hike rates Kaieteur News – As Guyana’s ballooning debt continue to spur concerns among stakeholders with government using the massive growth in the oil sector to justify more loans, the country’s debt service reached US$85.2M in the first six months of 2024, with a whopping US$34M alone paid in interest. Although the […]

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