Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
The governments of resource-rich countries should base their financial planning on commodity prices that are lower than the year prior. Should actual commodity prices eventuate that are higher than those assumed, the additional revenue from the higher prices should be treated as a bonus and spent on pursuits that ensure long-term economic sustainability like education, health and technology.
The governments of resource-rich countries should base their financial planning on commodity prices that are lower than the year prior. Should actual commodity prices eventuate that are higher than those assumed, the additional revenue from the higher prices should be treated as a bonus and spent on pursuits that ensure long-term economic sustainability like education, health and technology.
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