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Reply to "Kazakh model for oil monies would be recipe for mischief -Tarron Khemraj"

@Former Member posted:

Kapa is no doctor bai. The rationale is badmindedness. That is it. Dem could easily work with the law that APNU+AFC set up and even make small changes. There is nothing that they will do that will be very different. They just don't want to do it.

That dem can't change the law is bullshit.

Dr. Woody,“The discretion is completely within the remit of a powerful President and Prime Minister, and not the technocrats employed to manage the Kazakh fund. On the other hand, the model used by Norway is more rule-based. The rule essentially draws from a theoretical model that was published in 1957 and authored by the celebrated economist, Milton Friedman”, Khemraj said.

Hear nuh Dr. Woody, Jagdeo,  went on to say that it would “be unconscionable to have children in the present day unable to attend school while the country saves for the future”.

And hear nuh:

Dr. Khemraj noted that the Kazakh model allows for greater discretion in drawing down monies for the national budget.

“The discretion is completely within the remit of a powerful President and Prime Minister, and not the technocrats employed to manage the Kazakh fund.

Mitwah
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