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Guyana's Oil Boom Sparks Oversight Debate | Guyana News
Guyana’s oil windfall has exploded—profits now claim nearly 40% of national revenue after ExxonMobil recouped costs—sparking urgent calls for tighter control over the Natural Resource Fund. Opposition leader Aubrey Norton blasts the government for gutting oversight, slashing the advisory committee from 22 to just 9 members and sidelining technical expertise. He warns parliamentary checks are performative, not substantive, as funds flow into vague development projects without clear accountability. While officials argue it’s hard to track spending once revenues hit the consolidated fund…
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