World Bank hit by resources curse, gives up on Chad revenue scheme


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Issue 146 - 20 Sep 2008 | 4 minute read

Less than five years after the first oil flowed into the Chad-Cameroon pipeline, the World Bank Group’s much vaunted revenue management project has collapsed (AE 119/4). Chad has taken advantage of the high world oil price to pay back its loan, and is now free to

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Pin Cameroon, Chad

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