Guyana Heads Into Elections Amid Economic Boom and Rising Social Tensions

Guyana is approaching its September 1 elections amid a period of rapid economic expansion, driven by a surge in oil production. The country’s economy grew by 63% in 2022 and by 43% in 2024, fueling national development and strengthening the position of President Irfaan Ali. However, this boom has been accompanied by rising living costs, which have sparked growing public dissatisfaction despite the overall prosperity. n nWhile the oil sector continues to attract foreign investment and boost government revenues, many citizens are struggling with inflation and inadequate infrastructure to handle the pace of change. The economic gains have not been evenly distributed, leading to concerns about inequality and long-term sustainability. As voters prepare to head to the polls, the ruling party emphasizes progress and national growth, while opposition groups highlight the need for better social policies and cost-of-living relief. n nThe upcoming election will serve as a critical test of whether economic success alone is enough to maintain public support, or if governance must also address the everyday challenges faced by ordinary households. With international attention focused on Guyana’s emerging role in global energy markets, the political outcome could influence future investment and development strategies. n— news from ABC

— News Original —nGuyana encara las elecciones en pleno auge económico pero con cierto descontento socialnGeorgetown, 28 ago (EFE).- Guyana, cuya economía creció un 63 % en 2022 y un 43 % en 2024 gracias al… n nEFE n nGeorgetown, 28 ago (EFE).- Guyana, cuya economía creció un 63 % en 2022 y un 43 % en 2024 gracias al auge petrolero, llega a las elecciones del próximo 1 de septiembre con el presidente Irfaan Ali fortalecido por la bonanza, aunque el aumento del costo de vida genera descontento social. IMÁGENES: NAZIMA RAGHUBIR EDICIÓN Y LOCUCIÓN: SANTIAGO GUERRA

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