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Reuters
Reuters
Business
By Gram Slattery

Oil money is flooding into Guyana. Who will benefit?

View of a new building on the coast, in Georgetown, Guyana, July 17, 2022. REUTERS/Gram Slattery/File Photo

Ever since Exxon Mobil found vast deposits of oil off Guyana's coastline in 2015, government leaders have pledged that black gold would transform the fortunes of one of South America's poorest countries.

This year alone, the economy should grow 48%, the fastest rate on the planet, according to the World Bank.

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