DRC: Government Urged To Come Clean on Oil Payments
02.09.2004
A group of seven NGOs, lobbying under the motto, Publish What You Pay, has urged the government to stop including confidential clauses in deals with oil firms and publicly commit to improving transparency. The move follows a recent International Monetary Fund mission to the country and its recommendations that more audits of state oil firms and other companies in the sector should be carried out to ensure that the revenues are being properly used. The country is expected to be sub-Saharan Africa's fourth biggest oil producer this year.