Guyana's President Irfaan Ali declared the country is spending aggressively to diversify its economy, positioning it to become a 'Norway on steroids' and avoid the resource curse that plagues many oil-producing nations. Norway on steroids implies Guyana intends to outpace Norway's oil wealth management by investing heavily in infrastructure, education, and other sectors before oil revenues peak. This strategy is critical as Guyana, a relatively impoverished nation, faces the risk of economic instability if oil wealth is mismanaged. The president's remarks signal a proactive approach to harnessing oil riches for long-term development, though the scale of spending required remains immense. Resource curse typically describes how oil wealth can lead to corruption, inequality, and economic stagnation if not carefully managed, making Guyana's ambitious plan a high-stakes gamble.