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Suriname’s Royalties for Everyone: Direct Payments to Citizens | BIEN — Basic Income Earth Network

Summary by basicincome.org
Photo by aboodi vesakaran on Unsplash “President Chandrikapersad “Chan” Santokhi announced the Royalties for Everyone program, aiming to grant Surinamese citizens US$750 from future oil royalties with a 7% annual interest. The initiative seeks to ensure direct benefits from natural resources, enhance local financial engagement, and promote economic development ahead of the anticipated oil sales […]
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basicincome.org broke the news in on Monday, March 17, 2025.
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