The Spring Meetings of the Bank and Fund in mid-April saw sparring between US and European ministers over when and how the institutions might get involved in Iraqi reconstruction. Discussions there and subsequently have focussed on assessments of the economic and development situation, oversight of oil revenues, debt relief and reconstruction finance.
Environment
Commentary
Chad-Cameroon: oil and poverty reduction don’t mix
28 May 2003
Despite World Bank involvement, the Chad Cameroon petroleum project has confirmed that under authoritarian regimes there is a fundamental incompatibility between poverty alleviation objectives and oil exploitation activities.