Django posted:alena06 posted:"The PSA signed by Trotman also ensures that Guyana stands the cost of even the interest added to loans taken by ExxonMobil for the purpose of the operation."
With the constant decline of the Guyana dollar and the uncertainty in the fluctuations in interest rates who knows how much they will end up paying. And what other costs are there that we have not heard about??
Suh the G$$ will decline when the black gold flows??
There wouldn't have been any bitching,if the PPP were in control,nah suh.
I don’t think it will decline if USD flows into the treasury. Appreciation might be seen but slow as the currency has been debased to these levels.
The GOG might want to consider a new currency, reverse split say 20/1 to reduce the Huge piles of cash one needs to cart around. But this is just window dressing!