IBOV 185,147.15 ▼ 0.02% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,866.61 ▼ 0.87% MERVAL 3,041,993 ▼ 0.23% COLCAP 2,556.17 ▲ 0.46% BVL PERÚ 59,789.81 ▼ 0.24% USD/BRL5.13▼ 0.03% USD/MXN16.91▲ 0.19% USD/CLP932.88▼ 0.18% USD/COP3,116▼ 0.45% USD/PEN3.36▲ 0.14% USD/ARS1,510▲ 0.08% USD/UYU40.24— 0.00% USD/PYG5,947— 0.00% USD/BOB12.40— 0.00% USD/DOP59.00— 0.00% USD/CRC448.67— 0.00% USD/GTQ7.63— 0.00% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES811.71▲ 0.66% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71— 0.00% EUR/BRL5.96▲ 0.20% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,147.15 ▼ 0.02% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,866.61 ▼ 0.87% MERVAL 3,041,993 ▼ 0.23% COLCAP 2,556.17 ▲ 0.46% BVL PERÚ 59,789.81 ▼ 0.24% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, September 7, 2026

Guyana Region Two Claims a Boom, With Projects Not Percentages

By · September 7, 2026 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

GUYANA · ECONOMY

Key Facts

  • The claim Region Two chairman Devin Mohan says the region is experiencing a record-breaking economic boom.
  • Where he said it At the Essequibo Chamber of Commerce and Industry’s twentieth annual Agro Trade Fair.
  • The catch He gave no growth percentages or dollar figures. The claim rests on a list of projects.
  • The power numbers Hinterland generation capacity has risen from 1.62 MW to almost 17.5 MW over five years.
  • The spending The government says G$41.7 billion went into hinterland development across the same period.
  • Who says so The electricity and spending figures come from President Irfaan Ali, without independent audit.

The Guyana Region Two claim is a political speech, not a statistic. The hinterland electricity numbers behind it are a lot more specific.

An aerial view of the Essequibo river and surrounding forest in Guyana
The Essequibo river. Region Two covers Pomeroon-Supenaam on Guyana’s western coast. (Photo: “Essequibo River” by Dan Lundberg, via Wikimedia Commons, CC BY-SA 2.0.)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The chairman of Guyana Region Two says his region is in a record-breaking economic boom. Devin Mohan made the claim at an agricultural trade fair on the Essequibo coast.

The occasion was the Essequibo Chamber of Commerce and Industry’s twentieth annual Agro Trade Fair. The Guyana Chronicle reported the address on 7 September.

Mohan said the region had moved from an era of stagnation into a dynamic, modern economic corridor. He credited President Irfaan Ali.

What he did not give was a number. There were no growth percentages and no regional output figures in the reported speech.

What Guyana Region Two Is Actually Claiming

The claim rests on a list of projects rather than on economic statistics. That is a normal shape for a regional political speech.

The projects named include the Lima Regional Hospital and the Anna Regina National Stadium. New housing schemes and road upgrades were also cited.

A solar farm and a rehabilitated airstrip complete the list. The Anna Regina airstrip, worth G$221 million, was commissioned on 4 July 2026.

Sectors named were agriculture, aquaculture, commerce, green energy and construction. None came with a figure attached.

The Numbers That Do Exist

National hinterland electricity figures are more specific. Generation capacity has risen from 1.62 MW to almost 17.5 MW over five years.

That is roughly a tenfold increase, delivered through hydropower, solar farms and household solar systems. President Ali attributed the programme to Prime Minister Mark Phillips.

Over G$11 billion has gone into energy in indigenous villages. Fifty-six solar mini-grids are slated for completion in hinterland communities by year end.

Total hinterland and Amerindian spending is put at G$41.7 billion over five years. That includes G$21.7 billion through the Amerindian Development Fund and G$14.2 billion in low-carbon strategy funds.

Where the Figures Come From

All of these numbers are government figures, asserted by the president at Amerindian Heritage Month events. We found no independent audit of them.

That does not make them wrong. It does mean they are claims by the body that spent the money.

Guyana’s oil revenues have made this scale of regional spending possible for the first time. The scrutiny infrastructure has not grown at the same speed.

Why Region Two Matters

Region Two is Pomeroon-Supenaam, on the western coast between the Essequibo and Pomeroon rivers. It is agricultural rather than petroleum territory.

Rice and coconut dominate its economy. Oil is offshore and well to the east.

That makes it a test of whether oil money reaches regions that do not produce oil. A boom claim there is a claim about distribution.

What to Watch

The first marker is regional statistics. A boom that cannot be measured is a project list with adjectives.

The second is the fifty-six mini-grids by year end. That is a specific, checkable commitment with a date.

The third is whether the hinterland capacity figure holds. A tenfold rise from a very low base is easier to achieve than to sustain.

Frequently Asked Questions

What did the Region Two chairman say?

Devin Mohan said Region Two is experiencing a record-breaking economic boom, speaking at the Essequibo Chamber of Commerce and Industry’s twentieth Agro Trade Fair. He cited projects rather than growth figures.

What are the hinterland power figures?

Generation capacity has risen from 1.62 MW to almost 17.5 MW over five years, with over G$11 billion invested in energy in indigenous villages and fifty-six solar mini-grids due by year end.

Are these figures independently verified?

No. They are government figures asserted by President Irfaan Ali at Amerindian Heritage Month events. We found no independent audit of them.

Sources: Guyana Chronicle, Kaieteur News, INews Guyana, Rio Times.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.