Post
Topic
Board Economics
Re: Oil discovery is it a cause or a blessing?
by
erep
on 15/07/2024, 18:27:28 UTC
The government's mistakes in managing the natural resources owned by a country are of course very bad because they only think about their own interests and don't think about the fate of their people who also have the right to get the results of their natural wealth, so it is very important for the government to be able to manage it well. of its natural wealth so that it can be enjoyed by everyone and allows the economy to continue to progress if it can be managed well.

It is true that of the many countries that have natural resources and do not manage them well, of course these countries will find it very difficult to develop and they are even like countries that do not have natural wealth because the government only thinks about part of themselves and does not think about their people.
Some countries that have natural resources cannot manage their own results for the welfare of their country and must collaborate with foreign countries to process the results of these resources by sharing them with other countries, managers, foreign countries, but unfortunately local workers are not involved in state companies and have foreign work to manage state assets.
The government must have a commitment to end contracts with foreign countries when the revenue target has been achieved so that it can continue other projects for the welfare of the country without having to share the proceeds of natural resources with foreign countries.

However, it seems that there are some government officials who deliberately involve foreign countries to process natural resources because they get a percentage of the promised income, but the people living around the project site don't get anything and they just breathe the dust of the project.