Promoting and Popularizing IMF Transparency Guide
With support to Bank Information Center (BIC), RWI is helping citizens understand and take full advantage of data from the International Monetary Fund (IMF). This funding, provided through the Publish What You Pay US coalition, enables BIC to package and explain IMF documents in the most accessible ways possible for citizens working for greater government accountability and extractive industry (EI) transparency.
The IMF's Guide on Resource Revenue Transparency, for instance, provides a blueprint for governmennt practices on information disclosure in the natural resources and revenue management sectors. But the technical nature of this document limits the number of interested individuals and organizations who can easily use the document in its basic form. With support from RWI, Bank Information Center produced a "Handbook on Natural Resource Revenues," designed and written to make the Guide's content more comprehensible and actionable.
The guide was translated into French, Spanish, Russian and relevant local case studies from Azerbaijan, Bolivia, Gabon and Ghana were also translated into local languages for broader dissemination, in particular through national PWYP networks.
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Revenue Watch and our partners engage in increasingly diverse forms of public finance monitoring, including service delivery, participatory budgeting, and aid and expenditure tracking. Our partners are coalescing into an indigenous-led network of non-governmental organizations at the forefront of the battle against corruption and abuse of the public interest.
Grant-making is RWI's primary tool for engaging civil society in resource-rich countries and is an important means to motivate, support and build grassroots movements that create sustained local and international demand for revenue and expenditure transparency.
RWI takes a comprehensive approach to improving governance and development across the entire value chain, from the organization of extractive production, revenue generation, and revenue management, and through to the expenditure processes and national development outcomes.