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Daily Archives: July 21, 2018

Guyana moves one step closer towards establishing Sovereign Wealth Fund

The policy framework for Guyana’s proposed Sovereign Wealth Fund (SWF) is to be laid in the National Assembly in the coming days, to make way for eventual tabling of legislation that will provide for the involvement of the opposition in managing the expected huge windfall of oil revenues, Finance Minister Winston Jordan said. “It will have multiple layers of oversight…The ...

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Opposition to government moves against hot money

by GHK Lall News reports and commentaries have indicated that local foreign currency reserves are under serious pressure.  What is really happening here? Why? Who are the financial authors? Addressing these questions calls for some delving into history, and local contexts and developments, so that the picture becomes clearer, more sharply pointed. The year was 1981, the place France, and ...

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