Guyana needs clear strategy on spending oil earnings- UK envoy
British High Commissioner to Guyana, Greg Quinn.
Britain says while Guyana appears to be progressing towards commercial oil production, there appears to be no clear indication on how the South American nation will spend some of the revenues.
High Commissioner to Guyana, Greg Quinn said Guyanese stakeholders need to discuss how the money should be spent on the social sectors and infrastructure while putting some of the earnings in a Sovereign Wealth Fund. Continue reading
