Tax Regimes in the Age of Resource-Backed Loans and Collateralisation 23November 2023 1.30 p.m. to 3.00 p.m.

To bridge this financial gap, governments seek mechanisms to leverage their resources to unlock immediate financing while allowing the mineral extraction cycle to proceed. [...] “Contracting future revenues from natural resource exports as loan repayment is a way both for borrowers to attract finance and for lenders to mitigate risks to repayment. [...] Angola and DRC, which have both used their massive oil and copper resources to secure loans from China, have fallen victim to collapse of commodity prices, developments that have forced them to negotiate for debt relief. [...] In particular, the session seeks to highlight findings and obtain feedback in relation to the objectives set out below. [...] c) Formulate a series of policy recommendations designed to effectively address the challenges linked to RBLs in the sphere of resource mobilisation, ultimately promoting responsible and sustainable financial management.