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Vice President and Minister of Public Security, Khemraj Ramjattan,
Minister of Finance, Winston Jordan and GMSA President , Shyam Nokta share a light moment

He maintained that Guyanese would soon have an opportunity equipped to tap into the opportunities that would become
to see the draft legislation for the establishment of a Sovereign available over a period of time.
Wealth Fund (SWF). This Fund, he told the members of the
private sector, will play a major role in the management of the The special business dinner also saw other private sector leaders
revenues which will flow from oil production in Guyana. and Ministers of Government in attendance, including Vice
President Khemraj Ramjattan, Business Minister Dominic Gaskin,
The Finance Minister also reminded the audience about Captain Gerry Gouveia and Ramesh Dookhoo. The leadership and
the formation of the Inter-Ministerial Technical Team that is membership of the GMSA were also in full attendance, giving
overseeing the finalisation of the SWF, which must be approved their usual support to the overall thrust of the event.
by Cabinet.

Additionally, Minister Jordan also updated the GMSA and its
guests that the SWF would be taken to Parliament, made
public and shared through consultative sessions with various
stakeholders.

Meanwhile, GMSA President Shyam Nokta expressed gratitude
to Minister Jordan for accepting the Association’s invitation to
be part of the Special Business Dinner. He said that the private
sector was willing to learn as it understood that it was at the
beginning of the learning curve as far as the oil and gas sector
was concerned.

Nokta underscored the importance of building capacity to
become oil ready while ensuring that local businesses were

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