Ram says NRF does not reflect full amount of royalties due

Chartered accountant and commentator Christopher Ram has added his voice to recent concerns that the National Resource Fund (NRF) does not reflect the full total of petroleum royalties due to Guyana.

In a column that appears in today’s Stabroek News, Ram said that based on his calculations, some US$73.8m of royalties are unaccounted for.

He noted that a letter by Professor Kenrick Hunte that appeared in Kaieteur News had raised the issue.  A letter by Candice Dorwish in the February 25, 2024 edition of Stabroek News had also raised this concern.