Sustainable debt or pending threat? Why transparency matters for resource-backed loans
Date: Thursday, 3 September
Time: 14:00 - 15:00 CEST
For countries with limited access to credit and capital, resource-backed loans are a way of raising funding for infrastructure and development projects. This type of financing comes in the form of pre-payment deals, where governments or state-owned enterprises receive funds in exchange for future resource production.
These loans, however, also come with risks. Without transparency and public oversight, unfavourable terms and conditions can significantly affect a country's future public revenues and access to credit.
This upcoming webinar will highlight the role transparency can play in managing the risks and opportunities of resource-backed loans.
The webinar will feature a discussion with senior representatives from commodity traders, financial institutions, civil society and transparency champions from resource-rich countries, including:
Vitor Gaspar, Director of the Fiscal Affairs Department, International Monetary Fund
Zainab Ahmed, Minister of Finance, Budget and National Planning, Nigeria
Christophe Salmon, Group Chief Financial Officer, Trafigura Group Ltd
Anne Fishman, Policy Analyst, Commodities & Finance, Public Eye
The webinar will be moderated by Neil Hume, Natural Resources Editor of the Financial Times.
Details and more information on the Transparency Matters series can be found here.
Please register here and submit your questions to the speakers ahead of the webinar.
The webinar will be held in English only.
