Reuters AlertNet Full site
Homepage | Newsdesk | NGO Latest | Crisis briefings | Country profiles | MediaWatch | Jobs | Alerting | Login

NEWSDESK

In Brief: Oil wealth and instability in Chad
27 Aug 2009 22:37:41 GMT
 Source: IRIN

Background

•  Chad troubles

MORE >>
DAKAR, 27 August 2009 (IRIN) - In Chad oil wealth – poorly managed – has stoked conflict and corruption rather than boost the economy and living conditions, says a new briefing paper by International Crisis Group.

Oil exploitation has contributed to the deterioration of governance in Chad, and the government has progressively cut civil society out of the management of petrodollars, the paper says. "The government must work to establish a national consensus on the management of oil revenues," ICG says, calling on Chad's principal external partners – China, France and the United States – to "condition their support for the regime on such a consensus".

Chad must reform its management of oil revenues – now used largely for paying cronies and building up the military – if it is to avoid further impoverishment and destabilization, ICG says.

The 1,070-kilometre Chad-Cameroon pipeline, which yielded its first oil in 2003, was hailed as a unique effort to make large-scale oil production a driver of sustainable development. Integral to the World Bank's support of the project was a revenue management scheme that would provide social and economic benefits for the poor including future generations. Chad signed on but eventually scrapped the provisions.

np/ci

© IRIN. All rights reserved. More humanitarian news and analysis: http://www.IRINnews.org


AlertNet news is provided by
Email this article       Send comments

Emergencies

•  Chad troubles

MORE >>

NGO latest

•  World Humanitarian Day: What the World Should Know
Concern Worldwide

•  AmeriCares Delivers Aid to International Medical Corps
AmeriCares

•  Typhoon Morakot Survivors in Taiwan to Receive AmeriCares Aid
AmeriCares

•  CWS situation report: East Asia storms
CWS

•  Multi-Million Dollar Food Security Project to Help Reduce Impact of Worsening Food Shortages in Chad
ADRA - International

MORE >>

Latest news

•  In Brief: Oil wealth and instability in Chad

•  China denounces proposed Dalai Lama visit to Taiwan

•  China denounces proposed Dalai Lama visit to Taiwan

•  China lawmakers call for action on climate change

•  ANALYSIS-Rich could add CO2 cuts to bolster climate pact

MORE >>

IRIN news

Background information

Briefings
Chad troubles - [Who works where]

Facts & figures
China Chad
Statistics graphs
Refugees residing here (2008)
Chart for Refugees residing here
View more stats >>

Related articles

Breaking stories
 In Brief: Oil wealth and instability in Chad (1 minute ago)

China denounces proposed Dalai Lama visit to Taiwan (1 minute ago)

AlertNet insight
 Central African Republic clashes displace 100,000 (1 minute ago)

Aid agency news feed
 World Humanitarian Day: What the World Should Know (1 minute ago)

Blogs
 Bringing aid and being a target - aid workers in Africa under attack (1 minute ago)

Maps
 Typhoon Morakot (1 minute ago)


Del.icio.us Del.icio.us  |   Digg Digg  |   NewsVine NewsVine  |   Reddit Reddit   
Thumb for /thefacts/imagerepository/RTRPICT/2009-08-27T105552Z_01_TAI110_RTRIDSP_2_TAIWAN_mainimage.jpg|/thenews/pictures/TAI110.htm
Thumb for /thefacts/imagerepository/RTRPICT/2009-08-27T105433Z_01_TAI109_RTRIDSP_2_TAIWAN_mainimage.jpg|/thenews/pictures/TAI109.htm
Thumb for /thefacts/imagerepository/RTRPICT/2009-08-27T105300Z_01_TAI108_RTRIDSP_2_TAIWAN_mainimage.jpg|/thenews/pictures/TAI108.htm
Thumb for /thefacts/imagerepository/RTRPICT/2009-08-27T090306Z_01_TAI107_RTRIDSP_2_TAIWAN_mainimage.jpg|/thenews/pictures/TAI107.htm
Thumb for /thefacts/imagerepository/RTRPICT/2009-08-27T085756Z_01_TAI106_RTRIDSP_2_TAIWAN-DALAI_mainimage.jpg|/thenews/pictures/TAI106.htm

Taiwan's President Ma Ying-jeou holds joss sticks as he prays for victims of typhoon Morakot in Hsinkai, Pingtung County, southern Taiwan August 27, 2009. Taiwan, which turned away the Dalai Lama ...


More pictures | Galleries
Disclaimers |  Copyright |  Privacy |  Contact Us |  Feedback |  About Us |  RSS XML

Last updated:Thu Aug 27 22:38:03 2009