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  • Inflationary pressure

Inflationary pressure

Saving Oil Income will not be reflationary
  • Kenrick Hunte

Saving extra oil income now will not be inflationary

News EditorJuly 17, 2022June 26, 202305 mins

By Stabroek News  July 17, 2022 Dear Editor, In a recent article it was reported that Vice President Jagdeo stated, among other things, that a larger share of its oil revenues sooner, would not benefit the country. In fact, if it comes in, he said, “…we can’t spend it all… (positing that) …it comes inflationary.” Certainly,…

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