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 | | Transparency should also be a condition of resource-backed loans from private banks. |
 | | The monitoring of revenues could be improved by amending the operational parameters of the World Bank and the IMF to mainstream revenue transparency across their lending and technical assistance portfolios, by making it a condition of all aid and loans, and national poverty reduction strategy consultations. |
 | | But without transparency, there can be no accountable government, and efforts to ensure that resource revenues are well spent are likely to fail, with the effect of deepening poverty, instability, conflict and state failure. |
| www.globalwitness.org /reports/show.php/en.00049.html (1985 words) |