Use oil money rather than BOOT for Amaila hydro – Khemraj

Tarron Khemraj

Economist Tarron Khemraj has said that the government should use the oil money flowing into the country to finance the Amaila Falls Hydropower Project rather than employ the BOOT model which is being touted by the Ali administration.

In his last Sunday Stabroek column entitled `BOOT illusions and Amaila’, Khemraj said that the government was promoting the Build-Own-Operate-Transfer (BOOT) model for the project despite not now having a foreign exchange constraint on it.