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sharing in governance of extractive industries

All Blog Posts Tagged 'IMF' (3)

Accounting for the Resource Curse

Last year, we sent a detailed note to the IMF & others arguing that the way governments account for mineral receipts is facilitating the resource curse. Quite simply, it is treated as revenue, instead of being a capital receipt on the sale of an asset. We argued that this is exacerbated by the…

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Added by Rahul Basu on September 15, 2017 at 17:30 — 2 Comments

FOLLOWING THE OIL MONEY IN UGANDA

By Coletta Wanjohi, Uganda

Bank of Uganda's main role is advising the government on all matters pertaining economic policy and de-velopment and this also involves the oil sector. The National Oil and Gas Policy that was approved by cabi-net in 2008 gives Bank of Uganda the mandate to be the manager of the oil revenue. This means that when Uganda's oil starts flowing and it is either exported or sold whatever revenue is realized will be managed largely by the central…

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Added by Coletta Nyawira Wanjohi on April 12, 2012 at 9:05 — No Comments

IMF launches trust fund to help countries manage their natural resource wealth - Press Release

Press Release No. 10/497

December 16, 2010

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Added by GOXI on December 28, 2010 at 21:30 — No Comments

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