Burma’s Resource Curse The case for revenue transparency - A briefing by Arakan Oil Watch
Burma is rich in natural resources. Exports of natural gas
alone amount to approximately US$2.5 billion in annual
revenues, and these are expected to increase by 60% as
three additional production blocks come on line as early as
next year. Yet despite this enormous wealth, Burma is one
of the poorest countries in the world.
A lack of transparency around revenues from the sale of oil,
gas and other natural resources, a lack of an accountable
system to manage revenues, and a lack of equitable benefit