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

MitwahSenior Member

@Former Member posted:
Perhaps, Tarron Khemraj does not know what he does not know.

“Under these circumstances a model allowing wide discretion like the Kazakh one is a recipe for much trickery and mischief. To be fair, I am sympathetic to Mr. Jagdeo’s idea that there should be a bigger upfront drawdown of funds given the grave infrastructure deficit at the moment. However, there is no reason for sacrificing transparency. Both can coexist”, Khemraj argued.

7/27/213:52 PM

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