Ability to service burden of debt relies almost exclusively on Guyana’s share of profit oil

Ability to service burden of debt relies almost exclusively on Guyana’s share of profit oil

A letter entitled “Notions that the level of borrowing is reckless are far-fetched” penned by Mr. Bhagwandin was published earlier this week in Stabroek News (August 8, 2023). The backdrop to this letter is as follows. The National Assembly approved, last week, a new debt ceiling to facilitate greater borrowing. Guyana’s domestic public debt ceiling…

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Chris Ram's Articles

Call for a Commission of Inquiry into Guyana’s Petroleum Sector: An Urgent Necessity

Every Man, Woman and Child in Guyana Must Become Oil-Minded (Part 60) Introduction Following last week’s call for a Commission of Inquiry into the Petroleum Sector, more than a handful of individuals approached me enquiring whether the call was serious and what would be the expected outcome. After the spate of Presidential Commissions of Inquiry…

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