Guyana’s Natural Resource Fund (NRF) is doing something many emerging market petro-states fumble: growing even while the government spends from it.The official July snapshot from the Bank of Guyana shows a GYD713.6 billion (US$3.33 billion) - even after a chunky second-quarter transfer to the budget. By our tracking of July...
Guyana’s Natural Resource Fund (NRF) is doing something many emerging market petro-states fumble: growing even while the government spends from it.The official July snapshot from the Bank of Guyana shows a GYD713.6 billion (US$3.33 billion) - even after a chunky second-quarter transfer to the budget. By our tracking of July...