Guyana’s Oil Fund Holds $4bn. Its Rice Farmers Got $1,725 Each

Guyana’s Oil Fund holds $4 billion, while 560 rice farmers in Region Three received a total of GY$201 million ($966,000), averaging $1,725 per farmer. The payout formula provides $72 per acre for holdings of 50 acres or fewer and $48 per acre for larger plots. The article also notes a collapse in payments by millers.