Guyana government announces plan to overhaul financial system – Guyana’s government has unveiled an ambitious plan to modernise and tighten the country’s financial system, introducing new foreign exchange controls, banking oversight, and a modernised stock market designed to unlock idle capital.
The sweeping reforms, announced by President Irfaan Ali, come amid a sharp rise in foreign currency outflows and a growing need to safeguard financial stability as the oil-driven economy expands.
Source: Caribbean Insight