Monday 22 August 2011

Kazakhstan: Making the Most of Its Oil Wealth

MY THOUGHTS AND FEELINGS ON THIS NEW DISCOVERY

This is great news for any country to discover oil in this world of dwindling stocks as the world plunges to a day when we will struggle to run our economy without enough black gold. But as with all new and much needed discoveries it is always the words.

WEALTH - SHARED - POPULATION in that order that will make the difference between WHO receives WHAT and of course at WHAT price.


Kazakhstan: Making the Most of Its Oil Wealth: With major new oil discoveries in recent years, oil will be the main driver of Kazakhstan growth. But a key challenge is to ensure that the benefits from the oil wealth are shared by the population as a whole.

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Thank you Ian {Editor}