Guyana Achieves ‘High-Income’ Country Status Per World Bank

The World Bank has announced the elevation of Guyana’s status to a ‘high-income’ country, a milestone in the country’s long and testing journey through the cavernous corridors of poverty and the attendant unpalatable sobriquets – ‘Banana Republic’ being one of those – a development which could set the country on the path to a significantly upgraded global image.

The country’s World Bank-bestowed accolade that lifts Guyana out of the doldrums that have long dogged the country’s global profile is linked to a significant reassessment of the country’s global standing arising out of its confirmed ‘world class’ oil finds.

– Advertisement –

Guyana apart, the World Bank has also adjusted the status of several other countries in its latest annual review, based on their economic performance over the previous year.

[ad_1]

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}

[ad_2]