Suriname President Promises Oil Wealth for All Citizens with "Royalties" Plan | Firstpost America

Suriname President Promises Oil Wealth for All Citizens with "Royalties" Plan | Firstpost America Suriname, a small South American nation of 600,000, is on the verge of an oil boom that could redefine its future. Massive offshore oil reserves are expected to bring in $10 billion over the next two decades. President Chan Santokhi has announced a bold "Royalties for Everyone" programme, promising $750 to each citizen with a 7% annual interest. This wealth could lift many out of poverty, but Suriname must avoid the "oil curse" that has plagued other nations. With production starting in 2028 and major players like TotalEnergies leading a $10.5 billion project, the stakes are high. Can Suriname turn black gold into lasting prosperity? Stay tuned for more! --- Suriname | President | Oil | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News #suriname #president #oil #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on Twitter:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...