Former presidential advisor Jan Mangal has warned that while cash payouts from oil revenue may have an important role to play in the future, at this point it could be a distraction from the larger goal of clawing back wealth.
His reference in a Facebook post today to clawing back of wealth will be seen as a reference to the widely criticised terms of the Production Sharing Agreement between Guyana and ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited.
See more here: https://www.stabroeknews.com/2018/news/guyana/09/07/jan-mangal-warns-that-cash-payouts-could-distract-from-clawing-back-wealth/