The World Bank's scheme for ensuring the oil revenue is spent on poverty alleviation is necessarily complex. Some 85 per cent of royalties and dividends go to priority sectors such as health, education and agriculture, but this assumes a functioning state capable of designing good programmes.
To read the rest of the article you need to either log in or do one of the following:
SUBSCRIBE
order a free sample copy
Issue archiveSearch our 9-year online archive
Looking for a specific issue of Africa Confidential? |