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[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]