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Article

16 Aug 2013

Author:
Global Witness

[PDF] The benefits for Uganda of joining the emerging global transparency standard for extractive industry revenues

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Payment disclosure helps to prevent oil, gas or mining revenues being mismanaged...leads to improvements in the tax collection system and boosts public finances...Transparency...can also contribute to the prevention of natural resource-related conflicts...Project level disclosure provides communities that live near extraction sites with details of the financial contributions that industry makes...