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Article

10 Sep 2004

Author:
Christian Mounzeo, Congolese Publish What You Pay; Henry Parham, Coordinator of Publish What You Pay international coalition; Michel Roy, Secours Catholique / CARITAS France

[PDF] [letter from members of Publish What You Pay coalition to donor governments to Republic of Congo, World Bank & IMF]

We are very encouraged by the measures advocated to date by the IMF country team to increase oil revenue transparency and accountability...However,...we believe the Congolese government has not yet established a track record of serious reform in oil revenue management in terms of its performance to date under the Staff Monitored Programme (SMP). [letter sent on eve of donors’ meeting on Republic of Congo, 14 September 2004] [refers to disclosure of settlement with Total; also refers to Société Nationale des Pétroles du Congo (SNPC), Likouala SA, CORAF]