Making Petroleum Revenue Work for the Poor
Source: World Bank
Date: 4 Nov 2002
Date: 4 Nov 2002
Summary of the Workshop on Petroleum Revenue Management, World Bank,Washington D.C.
For many oil-producing developing countries and countries in transition, petroleum revenues make up a substantial share of gross domestic product, national and state budgets, and foreign exchange earnings. The potential to do good is tremendous. In Malaysia, for instance, resource revenue management has been associated with progress on the development front.
