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Economy

“This is the world’s fastest growing economy, and it could grow an ‘explosive’ 100%”

“…Guyana, a country in South America with a population of about 800,000 people, is projected to grow 38% by the end of the year — an “extremely fast” pace, according to recent GDP forecasts by the International Monetary Fund

BMI, a Fitch Solutions research unit, is also of the view that “Guyana will see explosive growth this year,” said Andrew Trahan, its head of Latin America country risk. He expects real GDP in Guyana to rise about 115% in the next five years…”

https://www.cnbc.com/2023/09/27/worlds-fastest-growing-economy-guyana-could-grow-100percent-in-5-years.html

Let me translate how I interpret this article. That being: It’s probably a good idea to invest in companies in and around this region. Fastest going economy should mean there’s going to be explosive growth in the business sector.

I’m going to look into this more. I might find some companies to invest in. It seems like it might be a good idea.

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