The Guyanese government has taken a number of commendable steps in its plan to save a portion of the country’s forthcoming oil revenues in a new sovereign wealth fund, according to a new report. However, the analysis urges officials to address underlying weaknesses in the fund’s design to maximize its effectiveness.
"State capture" is defined as the efforts of individuals or firms to shape the formation of laws, policies, and regulations of the state to their own advantage by providing illicit private gains to public officials. This page hosts the work of NRGI experts on state capture and its effects, along with news coverage of such work.
A more balanced fiscal regime is needed for the Congolese mining sector to bring the maximum benefits to the country, according to a French-language report released this month. NRGI remains committed to supporting all stakeholders in pursuing this objective.