Dear Editor,
I agree (partly) with Chris Ram. Six words I never thought I would write! The government needs to learn the virtues of deferred gratification with usage of the Natural Resources Fund. Save, save, save for tomorrow – don’t spend it all today. My late Guianese mum taught me that.
For lessons from other countries’ sovereign wealth funds – some now poor – I would advise the relevant ministers and officials to dip into the 2024 Edition of my essential primer OIL DORADO? GUYANA’S BLACK GOLD which will be on sale in Georgetown by ‘month end’ (as you Guyanese say…) and, naturally, on Amazon.
Sincerely,
John ‘Bill Cotton/Reform’ Mair
Editor Oil Dorado 2024