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IMF Urges Guyana to Audit Oil Revenue | Guyana News
Description
Guyana’s oil boom is heating up—and the IMF is sounding the alarm: tighten those financial audits or risk losing it all. During their July Article IV Mission, IMF experts grilled Guyana’s top brass on governance, transparency, and public spending, praising anti-corruption efforts while demanding urgent fixes to cost-oil audits and procurement systems. With billions pouring in, strong oversight isn’t optional—it’s the foundation for lasting national progress.
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