Dear Friends and Supporters, Much has happened in the last few months! In October, the Acting Chief Justice ordered the three oil companies to be joined to the action. The good news is that they may not recover any costs against the litigant Mr Gaskin. Our lawyers have since put in the affidavits in reply…
While the Government may be eager to hire international firms to provide much needed advice and expertise on managing the nascent oil sector, it must still exercise extreme caution. This is according to Oil and Gas Consultant and former Advisor to the Government, Dr. Jan Mangal.In fact, the Petroleum Consultant stressed that Guyana should not…
All parties contesting in the next general elections should declare their views on the oil and gas sector, including if they support the re-negotiating of the controversial contract signed between government and ExxonMobil and its partners in the Stabroek Block, says former presidential advisor Jan Mangal. “I believe oil should be the top agenda item…
Former Petroleum Advisor to the Government, Dr. Jan Mangal is of the firm view that the National Assembly should be the body determining the fiscal terms to be used in oil contracts. He insists that it should not be left to be negotiated on a one-on-one basis by a Minister.Dr. Mangal said that there is…
Regarding a letter in the Stabroek News on 16-Jan-2019, titled `How the overwhelming unemployment problem could be tackled’, by Mr Timothy Jonas. Also in the Kaieteur News titled `Untangling the Gordian Knot’. I am responding to this letter because: 1. The letter concerns oil and Guyana’s development. 2. I believe oil should be the top…
Introduction: Pillars Today’s discussion concludes my evaluation of the tenth and final topic on the list of “top-10 development challenges”, which Guyana will face, as it starts to receive its petroleum revenues next year. As promised last week, I shall start with an introduction of the “four pillars” on which the Fiscal Transparency Code rests….
Introduction and Definition Today’s column develops further the discussion of the IMF’s Fiscal Transparency Code. I had proposed Guyana’s unqualified adoption of this Code, as the most effective means for forging a seamless integration of spending the expected Government Take from the petroleum sector and the national fiscal and budgetary systems. The column elaborates on…
Introduction Today’s column continues the discussion of the tenth (and final) item on my list of “top-10 development challenges”, which as I have indicated, Guyana will face when spending Government Take from its coming petroleum sector. Last week’s column had offered two concrete proposals on the topic (“integrating PSA revenues and the National Budget”). Both…
The history of Guyana and progress of Guyana have been weighed down, bugged down, and riveted down by racism. We must accept our racial differences, without being discriminatory, while continuously trying to burnish and enrich our differences in allowing for integration of citizens into the social, political, economic, civic and cultural attributes of our Guyaneseism,…
