How to Avoid Natural Resources Pitfalls

Lumber in transit by road near Accra

Over the last few years, many countries in Sub-Saharan Africa have benefited from the rise in commodity prices.

But being wealthy in natural resources brings its own problems such as reducing competitiveness by raising exchange rates or a narrow tax base and increasing volatility.

The International Monetary Fund (IMF) is hosting a conference in the Democratic Republic of the Congo, Kinshasa to discuss how these problems might be overcome.

IMF's Roger Nord spoke to Lucie Mboto Fouda from the External Relations department about the challenge of managing natural resources well. He began by explaining the objective of the conference.

Duration: 2’20″

Filed under Today's Features.
UN Radio Daily News Programme
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