The deeply impoverished South American country of Suriname, which has been sharply impacted by the COVID-19 pandemic, is hoping to replicate the hydrocarbon success being enjoyed by neighboring Guyana. While Suriname’s economy shrank by 16% during 2020 because of the fallout from the pandemic, Guyana’s gross domestic product soared by a massive 43.
5% and the unwelcome news does not stop there. For 2021, the former Dutch colony’s GDP is only expected, by the IMF, to expand by a paltry 0.7%, likely the worst performance in South…Could Suriname Become The Next Oil Hotspot In Latin America?
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