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Guyana to use newfound oil wealth to diversify investments into other sectors

The world's fastest-growing economy, Guyana, is mulling its newfound oil and gas wealth to fund investments in other sectors that will reduce its dependence on hydrocarbons, its President Mohamed Irfan Ali said during a trip to the USA.

The Guyanese government is planning such a move to use the revenues from the site to finance investments in mining, tourism, agriculture, and other sectors, added President Ali.

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