The Natural Resource Fund Act of December 2021 is a clear and concise document outlining the purpose of the Fund, as well as the sources of oil revenue deposit and method of withdrawal. The Act is quite clear on the kinds of assets in which the people’s oil monies are to be invested. It was…
Jay Mobeen asserts that ‘babbling Glen Lall and others who agitated against the NRF … were disingenuous. For weeks they peddled misinformation to a nation, woefully ignorant of the bill. This couldn’t have been more glaring than the massive sign held up outside the Assembly by opposition protestors. This sign demanded the inclusion of the…
As a Guyanese of the diaspora living in Switzerland and Germany, I have been following Guyanese politics closely for the last few years. What has struck me most is the uncompromising nature of politics in my mother’s homeland. There is the absence of a political culture of seeking solutions to the nation’s key problems by…
The argument has been advanced that the reason PNC rigged all elections (1968 – 1985) goes like this: Why not? If PNC didn’t rig, then PPP with its Indian numerical majority base would win all elections – and they (PNC) would be kept out of power forever. Sounds like good logic in an environment where…
President Dr. Mohamed Irfaan Ali said, “The people of this country went to a poll, and they have placed their confidence in a president, in a government. Are you saying that after the people have placed that confidence that we don’t have the right or we can’t be trusted to name people on a board?” https://dpi.gov.gy/everything-in-sovereign-wealth-fund-will-have-parliamentary-oversight-president-ali/
On the weekend the government released an article stating that the Stabroek Oil Block is not up for renegotiation. It cited a number of reasons for its position including the sanctity of contract, the stability clause and because Exxon lost US$22 billion last year. The article reads like a marketing campaign for why Guyana should…
https://www.oggn.org/wp-content/uploads/2022/03/Janette-Bulkan-Impact-Extractivism-Webinar-20211130.mp4 The above presentation was part of the Freedom Imaginaries webinar please see here: https://freedomimaginaries.org/event/beyond-extractivism-webinar2/ .
