Business
IMF says 25% of power lost due to aging infrastructure

-85 percent of electricity generation still relies on fossil fuels, production cost high
The International Monetary Fund (IMF) has raised concerns over Guyana’s electricity sector, noting that 25% of power is lost due to aging infrastructure and that the country remains heavily dependent on fossil fuels primarily heavy fuel oil (HFO) despite government efforts to diversify its energy sources.
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