This tiny country is giving $2,000 to every household as an Exxon oil boom supercharges its economy

This tiny country is giving $2,000 to every household as an Exxon oil boom supercharges its economy

Guyana’s government is tapping its newfound oil wealth to give $2,000 to every household. Foto: Kham/Reuters Guyana, the tiny South American nation, is giving $2,000 to every household in the country.

Its president said the cash payments aim to narrow disparities and help with higher living costs.

A huge Exxon oil find has supercharged Guyana’s economic growth and filled the government’s coffers. The world’s fastest-growing economy is handing the equivalent of $2,000 to every household as it works to share its newfound oil wealth and soften the sting of higher living costs.President Mohamed Irfaan Ali of Guyana, the South […]

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