This report provides a comprehensive study and analysis of the (mis) use of oil revenues in Angola. Beginning with IMF policies aimed at promoting fiscal transparency and accountability, the Oil Diagnostic Program, the report details the huge discrepancies in the Angolan government’s processing of oil revenues and their blatant refusals to cooperate with requests for information on how the revenue was used. The report also examines the consequences of this lack of transparency: inadequate expenditures on health, education and social programs, insufficient judiciary and rule of law development, and the undemocratic milieu fostered by government actions. The report concludes with recent international initiatives to promote transparency, including the Extractive Industries Transparency Initiative (EITI) and the Publish What You Pay Campaign (PWYP), and analysis on how these initiatives can contribute to greater transparency in Angola.
Some Transparency, No Accountability: The Use of Oil Revenues in Angola and its Impact on Human Rights
Jul 19, 2011 | 0 comments