Vice President Bharrat Jagdeo yesterday disclosed that the next general elections will likely be held in November 2025, while Budget 2024 is expected to be presented to the National Assembly by the end of this month.
Questioned about what will be the main priorities targeted for the oil and gas industry, given that elections will be held next year, Jagdeo said, “Clearly… in the oil and gas, we have done what we promised we will do so far. We made it clear. We’ve given explanations on some of the things that we will do but not now, we’ve phased them. The petroleum commission, we said we’re building capacity in the ministry. Now in this period of the creation of the framework for managing, framework for accountability in the sector that you need more, you need swifter, more political action to pass like the NRF, the Petroleum Activities Bill, to get the new PSA, all… things had to be driven politically to achieve them.”
