Governments dependent on revenues from commodities are suffering serious budget crises. While many have sought support from the international financial institutions, made drastic spending cuts, or borrowed heavily, a few are blessed with large sovereign wealth funds (SWFs) or entered the crisis with low debt levels. This post explores SWF trends in resource-rich countries.

The coronavirus pandemic has hit the economies of many resource-rich countries with unprecedented impact. To face this challenge, new thinking is needed. NRGI is determined to work with its partners to contribute to the emergence of a new paradigm for managing non-renewable resources.

Un gran grupo de países de ingresos bajos y medios está experimentando desafíos particularmente agudos: aquellos que son abundates en en recursos naturales – hidrocarburos y minería.

2020 has been disastrous for governments reliant on revenues from natural resources. This post analyzes how a number of resource-rich countries have weathered the fiscal shock induced by the coronavirus pandemic.

Les procureurs américains allèguent que l'argent lié à la République du Congo, riche en pétrole, a été utilisé de manière corrompue pour acheter des biens immobiliers à Miami. Cet article considère les liens entre une telle corruption et les sociétés pétrolières nationales.

U.S. prosecutors are alleging money connected to the oil-rich Republic of Congo has been corruptly used to purchase Miami real estate. This post explores the connections between such corruption and state oil companies. 

Proposed reform to the Colombia's extractive sector royalty distribution system must be strengthened to overcome the shortcomings of the current model. In light of the pandemic, further changes are also needed to safeguard the system in the event of a future global crisis.

One group of low- and middle-income countries that are experiencing particularly acute challenges as a result of the pandemic is those that are resource-rich.

Research for the 2021 edition of NRGI's Resource Governance Index has begun. The index measures the governance of oil, gas and mining sectors in resource-producing countries and provides freely available public data to help inform evidence-based decision-making.

Both Algeria and Iraq were already in places of great transition and turmoil when confronted by the coronavirus pandemic. While both countries have taken some measures in response to the oil price drop and the spread of the coronavirus, questions remain.