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International Monetary Fund. African Dept.

agreements based on the new mining code have been signed. However, due to the low levels of uranium prices, the tax benefits of the new agreements will be only marginal. Consequently, the government is requesting technical assistance in building capacities to evaluate project and audit mining revenue. It is also in the process of beefing up the means of regulation, negotiation, and enforcement of contracts. In this context, measures have been taken to ensure that the inter-ministerial committee seeks to make the large projects efficient and to maximize competition. To