Minister of Natural Resources Vickram Bharrat on Friday boasted of the projected 6.1% growth of the non-oil sectors in this year’s budget and said it will protect the country from the bane of new producers – the Dutch disease.
“Budget 2021 creates incentives for the traditional non-oil sectors. The APNU+AFC was taking us down the road that so many countries went – of the Dutch disease,” Bharrat asserted during his approximate 39-minute presentation.
“It is something we need to pay special emphasis on because what we have seen for the past five years was the non-oil economy was dying a long slow death, he stated, while adding that his government “will provide incentives to all the sectors…”
