Oil Wealth Poses Risks to Guyana: Vice President Jagdeo

The transcript discusses Guyana's potential as a major oil supplier, emphasizing the need for a supportive international environment, particularly from the US, to grow its oil industry. It highlights the influx of investments in various sectors, including oil, hospitality, and agriculture, and the importance of diversifying the economy. The discussion also covers plans for oil licensing, economic growth projections, and strategies to manage natural resource wealth responsibly, avoiding pitfalls like the resource curse.

What are the expectations for Ghana's oil production by 2025?

How does the Vice President view the role of the US administration in supporting Guyana's oil industry?

What is the significance of the $10 billion investment mentioned in the interview?

What are the implications of the IMF's growth estimate for Guyana's economy?

What measures are being taken to ensure that the revenues from oil production are managed wisely?

What challenges does Guyana face in managing its oil resources effectively?

How does the Vice President plan to diversify Guyana's economy beyond oil?