The Guyanese Government's handling of the oil and gas sector has recently come under sharp scrutiny, leading to a fierce response from one of its top officials. Critics have accused the ruling party of mismanagement and lack of transparency in the administration of the hydrocarbon-rich sector. However, the official staunchly defended their stance, hitting back at the criticism with a comprehensive outline of the government’s strategic approach and reasons behind their decisions.
1. The Guyanese Government's handling of the oil and gas sector is facing criticism for perceived mismanagement and lack of transparency.
2. One top official has responded fiercely to these allegations and provided a detailed outline of the government's strategic approach.
3. The official claimed the criticisms were mainly baseless and propagated by the opposition to distort public opinion.
4. The ruling party is said to have established robust frameworks to manage the oil and gas sector and ensured that revenues benefit all citizens.
5. The official stressed the government's commitment to transparency, adherence to international standards and using hydrocarbon resources to foster national economic development.
In 2019, Transparency International ranked Guyana 85 out of 180 countries on the Corruption Perceptions Index, indicating a significant level of perceived corruption in the public sector.
The official dismissed the criticisms, stating they were largely unfounded and propagated by the opposition to distort public perception. He emphasized that the ruling party had not only put in robust frameworks to manage the oil and gas sector but also sought to ensure that the revenues generated would benefit all citizens. He underlined the administration's commitment to transparency and maintaining international standards in managing the sector. Additionally, he asserted that Guyana was keen on leveraging its hydrocarbon resources for the overall economic development of the country.