Resource-rich countries face complex challenges in distributing revenues generated from oil, gas, mining, and other extractive industries among national governments, regional authorities, local governments, and host communities. Well-designed fiscal federalism and revenue-sharing systems promote equitable development, reduce regional disparities, strengthen public financial management, improve accountability, and help prevent resource-related conflicts. Poorly structured revenue allocation mechanisms, however, can lead to fiscal imbalances, governance challenges, political tensions, inefficient public spending, and unequal distribution of natural resource wealth.
This course equips participants with practical knowledge and policy tools to design, implement, and evaluate fiscal federalism and revenue-sharing frameworks in resource-rich countries. Participants learn how to develop intergovernmental fiscal systems, design revenue allocation formulas, manage royalties and taxes, administer sovereign wealth funds, strengthen fiscal decentralization, improve public expenditure management, and promote transparency and accountability in natural resource governance. The course also explores petroleum and mining fiscal regimes, production sharing agreements, local content financing, environmental compensation mechanisms, stabilization funds, fiscal risk management, and the role of digital technologies in revenue administration.
Participants examine internationally recognized principles and frameworks, including the Extractive Industries Transparency Initiative (EITI) Standard, International Monetary Fund (IMF) Fiscal Transparency Code, Natural Resource Charter, World Bank Public Expenditure and Financial Accountability (PEFA) Framework, OECD Fiscal Decentralisation Guidelines, United Nations Sustainable Development Goals (SDGs), and guidance from the International Budget Partnership (IBP). Through fiscal policy analysis, revenue modeling, intergovernmental negotiation simulations, budget planning exercises, and real-world case studies, participants develop the expertise to establish equitable, transparent, and sustainable fiscal systems that maximize the long-term development benefits of natural resource wealth.
Duration
10 Days
Who Should Attend
Individual Impact
Organizational Impact
By the end of this course, participants will be able to:
Topics
Practical Exercise: Assess the fiscal structure of a resource-rich country.
Case Study: Fiscal decentralization in a petroleum-producing nation.
Topics
Practical Exercise: Compare fiscal regimes for oil, gas, and mining projects.
Case Study: Evaluating petroleum fiscal reforms.
Topics
Practical Exercise: Design a revenue-sharing formula for extractive revenues.
Case Study: Revenue distribution between national and subnational governments.
Topics
Practical Exercise: Develop a natural resource revenue management framework.
Case Study: Managing petroleum revenues through sovereign wealth funds.
Topics
Practical Exercise: Assess transparency mechanisms in extractive revenue reporting.
Case Study: Improving accountability through digital public finance systems.
Topics
Practical Exercise: Evaluate macroeconomic risks associated with commodity price fluctuations.
Case Study: Managing economic volatility in resource-dependent economies.
Topics
Practical Exercise: Review legal provisions governing revenue sharing.
Case Study: Reforming fiscal governance institutions.
Topics
Practical Exercise: Develop a stakeholder engagement strategy for revenue allocation.
Case Study: Addressing disputes over extractive revenue distribution.
Topics
Practical Exercise: Develop a monitoring framework for revenue-sharing policies.
Case Study: Measuring the effectiveness of fiscal decentralization reforms.
Topics
Practical Exercise: Develop a comprehensive fiscal federalism and revenue-sharing strategy for a resource-rich country.
Case Study: Preparing fiscal systems for the future of the extractive industries.
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We offer customized training solutions tailored to your organization's specific needs (location, dates, content and team size).
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We turn knowledge into results. Using our P.E.A.K. Framework (Prepare, Engage, Apply, Know), every participant leaves with practical skills they can use immediately.
In the last 12 months, over 1,200 professionals have applied the P.E.A.K. Framework to reduce onboarding time by an average of 30% and accelerate project delivery across 14 industries.
The outcome: Participants don’t just learn. They gain the tools, confidence, and strategy to drive measurable impact.
Off-the-shelf solutions rarely fit perfectly. At ForElite Training Institute, we built our Tailor-Made Training (TMT) service to embed our expertise directly into your unique strategy, culture, and operations.
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