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(Kaieteur News) – Leader of the People’s National Congress Reform (PNCR), Aubrey Norton on Friday pointed to the need for greater oversight on Guyana’s Natural Resource Fund (NRF) or the country’s oil account as profits from the sector triple. +
Norton was at the time responding to a question from this newspaper on the policies needed to ensure the increased revenue flow from the sector is not misused.
It was reported that Guyana’s share of profits from the Stabroek Block has jumped from 12.5% to 39.8% now that ExxonMobil has recovered its expenses to develop the seven projects approved to date.
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