Twenty-five participants representing government, civil society and the industry from Azerbaijan, Ukraine, Kazakhstan, Mongolia, Kyrgyzstan and Tajikistan attended a revenue management course held on 7-9 December, 2015.[1] Using the theory and concepts discussed during the training and economic data from the region, they discussed the issues crucial to transforming their natural resource wealth into development, such as combating volatility; establishing or strengthening a national resource fund; identifying spending and revenue collection measures to address budget shortfalls; restoring trust in the national currency; and pushing reforms to increase accountability in oil and mineral wealth management.
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