Eyadéma's long rule brought a measure of stability to Togo, and his nationalization of the country's phosphate industry in 1974 produced increased state revenues for development.
The Clinton administration will vote in favor of World Bank sponsorship after specifying an unusually detailed list of safeguards that officials hope will earmark the oil revenues for development projects and ward off abuse, a senior American official said today.
One is to establish a source of dedicated revenue for the development of high-speed rail, much as highways and commercial aviation have their own trust funds.
The company charges Sisulu 15percentt of revenue for curriculum development and overhead costs, and hopes to keep up to an additional 7percentt of revenue as its management fee, or profit.
Separately on Tuesday, Scott Busby, a senior state department official for human rights, criticized China's implementation of UN sanctions against North Korea that are intended to starve it of revenue for its development of weapons of mass destruction.
Richard Scudamore, the Premier League's chief executive, said: "The Premier League and our clubs are committed to sharing a significant amount of revenue for the development of football outside of the League.
"Nam Theun 2 is business, but we need the revenue for the development of the country," says Sivixay Soukkharath, a government worker in charge of resettling villagers affected by the dam.
Other states said they need the tax revenue for infrastructure development.
For decades, the government has relied on that revenue to pay for development elsewhere, especially in the overpopulated island of Java.
Your Feb. 23 news article about Victory Schools' for-profit charter school in Harlem points out that the company takes 15percentt of the school's revenues for "curriculum development and overhead costs," and that it hopes ultimately to take another 7percentt as its "management fee, or profit".
