Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Suriname's president plans to give each citizen $750 annually from oil wealth, aiming to avoid resource curse.

flag Suriname's President Chan Santokhi announced a plan to share oil wealth with all citizens, providing each with $750 in a savings account at 7% annual interest. flag The South American nation, alongside neighbor Guyana, expects to earn billions from offshore oil deposits. flag To avoid the "oil curse" seen in other resource-rich countries, Suriname plans to establish a sovereign wealth fund, similar to Norway's successful model.

5 months ago
7 Articles