Govt raising false short-term hopes about oil wealth – Jagdeo

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Opposition Leader, Bharrat Jagdeo is painting a bleak economic picture for Guyana, saying that the US$300 million annual oil revenues would be insufficient to guarantee improved standards of living from 2020. Addressing the Georgetown Chamber of Commerce and Industry’s (GCCI) annual awards ceremony held Wednesday night at the Marriott Hotel, the former Guyana President forecast …

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