Perspectives on Remittance Flows in 2025
Steven Debipersad, lecturer at Anton de Kom University of Suriname: “Guyana’s booming oil sector has been a key driver of the country’s rapid economic growth, positioning it as one of the fastest-growing economies in the world. The government estimates that this growth will continue, driven by increasing oil production and export revenues. Guyana’s offshore reserves, discovered by ExxonMobil and its partners, are substantial, and the government expects oil output to reach over one million barrels per day by 2027. This surge in oil production is set to bolster Guyana’s GDP, create jobs and generate significant government revenue, which could fuel further economic expansion. Despite this success, several headwinds could challenge Guyana’s oil sector and the economy as a whole in the coming months and years. Firstly, global oil price volatility remains a constant risk, especially…”
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Partner,
White & Case
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Arnold & Porter
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Monarch Global Strategies
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Willkie Farr & Gallagher
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