Learn English: Guyana Shares Oil Wealth: Citizens Get £370 Each (hard)

10 hours, 29 minutes ago

Guyana Shares Oil Wealth: Citizens Get £370 Each

Guyana, a South American country experiencing rapid economic growth due to its oil discoveries, is distributing a portion of its newfound wealth to its citizens.

Every Guyanese citizen over 18, both at home and abroad, will receive approximately £370, a significant financial boost for many.

This decision comes after public feedback and addresses concerns about previous plans to allocate funds based on households.

The government hopes this direct payment will benefit individuals and families, providing support for essential needs and potential investments.

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Source

Original: The Guardian

Tags

#Guyana #oil wealth #cash grants #economic growth #South America

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