Natural Resource Fund Inflows under Article 14.1 of the 2016 P.A and Section 15 of the NRF Act
Originally Published At: https://www.chrisram.net/?p=2421
Originally Published At: https://www.chrisram.net/?p=2421
International measures of economic growth – usually expressed as Gross Domestic Product – add the tremendous growth in the enclave economy of ExxonMobil and co-venturers to the small locally-controlled business achievements. The official GDP figures contrast with the 48 per cent of the population living below the World Bank’s estimate of the poverty line. The…
Dear Editor, We write in connection with the new draft oil law. We would appreciate information on the following: The timetable for this new Bill, including the parliamentary process and committee stages of consideration and amendment; How this timetable compares with the customary timetable for tabling and revising Guyanese legislation; The process which will be used…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 85 – February 6, 2020 Two days ago, Column 84 set out the main provisions of the 2016 Bridging Deed. That Deed purported to keep alive the 1999 Petroleum Agreement signed by then President Janet Jagan. Effectively, it not only allows the three…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 80 – December 6, 2019 Introduction Last week’s column gave a brief overview of the Third Draft of Government’s Local Content Policy which was released to the bemused public by Dr. Mark Bynoe, Director, Department of Energy part of the super Ministry of…