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March 2015 News and Analysis from NRGI

  • News from NRGI

  • 20 March 2015

Key Highlights

Next-Level Resource Revenue Management Guidance from the IMF
Building on the ground cleared by the International Monetary Fund's Guide on Resource Revenue Transparency, the IMF's new Fiscal Transparency Code will feature a pillar devoted entirely to resource revenue transparency. This is a welcome and important improvement, says NRGI's Nicola Woodroffe, who offers recommendations for the finalization of Pillar IV.

NRGI-Petrad Fellowship 2015
NRGI and Petrad are now accepting applications for the 2015 NRGI-Petrad Petroleum Governance Fellowship. The deadline for application is 17 April 2015. The program seeks to increase civil society leaders’ effectiveness in promoting the better management of petroleum for the public good. In 2015 the fellowship will be open to civil society leaders from the following countries: Ghana, Iraq, Myanmar, Tanzania and Uganda.

New Ideas in Nyapyidaw: MPs Acquire Knowledge for Resource Governance
Since 2013 NRGI has supported oversight actors in Myanmar to assert their role in improving accountability in the extractive sector. Five new briefings offer an overview of the current situation in the extractive sector on the following topics: EITI, contract disclosure, revenue management, state-owned enterprises and fiscal regimes.

Spotlight on Data

 

In a working paper commissioned by the World Bank Group's Global Partnership for Social Accountability, authors Daniel Kaufmann of NRGI, Andrea Gallina and Roby Senderowitsch highlight data relevant to the case for collective action against corruption.


Multimedia
VIDEO: NRGI President Daniel Kaufmann on Transparency and Corruption (Spanish)

 

Blog

Georgia's Promise: Why Transparency Matters, Even When Oil is Still in the Ground
How do nations go from zero oil, gas and mining activity to full-scale, responsible development? A new report by NRGI's partner in Georgia explores the country's potential to commercialize its resources, become a more profitable transit country for neighboring Azerbaijan, and join the Extractive Industries Transparency Initiative.

Can the IMF's New Fiscal Transparency Code Help to Realize Contract Transparency in the DRC?
The state of contract transparency in the Democratic Republic of Congo (DRC) provides an example of a shortfall that new IMF guidelines could help to address.

Civil Society’s Role in Anti-Corruption: World Bank Dominican Republic Event
The Dominican Republic holds lessons for those seeking to fight corruption in a range of settings. On Monday, 16 March, NRGI president Daniel Kaufmann joined a panel to discuss his work in the anti-corruption space there. Visit the event page or read more recent analysis on Latin America and resource governance challenges in English and Spanish.
 
Willing and Able, Tunisian Civil Society Actors Pursue Skills Critical For Demanding Accountability
In 2012, as a result of CSO mobilization, Tunisia's prime minister announced the country's intention to join EITI, but no further steps have been taken. The approval of a new unity government in early 2015 has led a number of CSOs to renew advocacy for EITI accession, and to push for the inclusion of extractives transparency in the OGP Tunisia action plan. 

Have Your Say Via SMS: Mongolia's Mobile Users Choose Industry Over Austerity
With the national currency in steep decline and inflation on the rise, Mongolia's leaders recently polled citizens, via cell phone, to learn whether they should pursue large-scale development projects to shore up the economy, or scale back expenditures and consumption. Citizens chose the former, but what does that mean for the extractive industry? NRGI considers the political and economic implications.   

Ten Consequences of Lower Commodity Prices for Resource-Rich Countries
In a post on the Financial Times BeyondBRICs blog, Thomas Lassourd and David Manley describe how governments in developing, resource-rich countries are struggling to manage expectations unmet by their oil and mineral sectors. Citizens are being impacted too. 
 

 

 

In the News and Around the Web


Guardian (UK) and Sahara Reporters: Nigeria's long-awaited election: what you need to know
Washington Post: The “invisible hand” of the state in MENA economies
Brookings Institution: Este es el momento de enfrentar los desafíos de la gobernanza de los recursos naturales en Latinoamérica (Spanish)
Leadership Newspapers: Nigeria's Election: A Referendum On Resource Governance?
The Citizen: Tanzanians may not benefit by gas boom
GhanaWeb: Government agrees to extra wells at Jubilee
SpyGhana: Penplusbytes is running training on Ghana extractive data dive

 

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The Natural Resource Governance Institute (NRGI) helps people to realize the benefits of their countries’ endowments of oil, gas and minerals. We do this through technical advice, advocacy, applied research, policy analysis, and capacity development. We work with innovative agents of change within government ministries, civil society, the media, legislatures, the private sector, and international institutions to promote accountable and effective governance in the extractive industries. For more information, please see: www.resourcegovernance.org.