Every Man, Woman and Child in Guyana Must
Become Oil-Minded – Column 136
Introduction
Over the past three weeks, this Column has shown how the PPP/C has reversed its pre-election promise to review and renegotiate the 2016 Petroleum Agreement. But it actually did worse – reversed its commitment to an independent Petroleum Commission, failed to provide elementary conditions on ringfencing, and is one of the minority of countries refusing to sign the OECD Framework on a minimum corporate tax on major companies. As Guyana gears up for general and regional elections in 2025, thoughts should turn on whether the PPP/C will pay a political price: they should but that is unlikely because none of the political parties is any better.