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International Business Times
International Business Times
Business

Guyana's President Irfaan Ali: Oil Industry 'Puppet' Or Visionary?

Guyanese President Irfaan Ali has won reelection to a second five-year term (Credit: AFP)

Irfaan Ali, in office since 2020, is the first Guyanese leader to benefit from the South American country's massive oil reserves, which he leveraged to claim a second presidential term.

Guyana was recently found to have the biggest known crude reserves per capita in the world, and the state budget has quadrupled to $6.7 billion since production began in 2019.

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