Arapaima Logistics

Today marks a momentous occasion in Guyana’s history as the country celebrates 53 years of being a republic.

‌As we celebrate this important day, we reflect on the progress made since that historic moment. Guyana has come a long way, from its struggles for independence to developing its economy, infrastructure, and social systems. Today, Guyana is poised to become a leader in the region with its vast natural resources and potential for economic growth.

‌Happy Republic Day, Guyana! May you continue to thrive and prosper for generations to come.

Traditionally, Guyana has depended on costly fuel and food imports to meet local needs, but the Inter-American Development Bank (IDB) says that the country is now exporting more of those commodities than it imports.

This was detailed in the Bank’s quarterly report, titled: “Caribbean Economics: Headwinds facing the post-pandemic recovery.”

In that report, it was noted that Guyana’s economy is expected to expand by some 56 per cent this year with growth in the oil sector being a large contributor. And the country’s non-oil sector is showing signs of recovery.


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