Tue, 13 August 2019
An ongoing mining contract review is motivated by a need to raise state revenues from the sector to support the government’s debt servicing and higher social development spending that was promised in the last election campaign. The review also supports the government’s crackdown on corruption associated with the previous government and a current trend to disfavour Chinese partnerships. If implemented prudently, the review may stimulate future investment by strengthening institutions, while improving transparency and accountability.
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