Tag Archives: Natural Resources Fund (NRF)

OPINION: Guyana should adopt a natural resources fund that mirrors Norway

Arthur Deakin

By Arthur Deakin – OilNOW

Historically, countries that discover large amounts of natural resources, such as oil or gold, tend to create a Sovereign Wealth Fund to manage their newfound wealth. Guyana, which recently discovered 9 billion barrels of proven oil reserves, is following that same path.

The structure of this new fund, known locally as the Natural Resources Fund (NRF), will fundamentally impact how effectively the country spends and saves its oil monies.

READ MORE https://oilnow.gy/featured/guyana-should-adopt-a-natural-resources-fund-that-mirrors-norway-not-kazakhstan/

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