Transforming natural finite assets into human, social and physical capital is a key
challenge for natural resource-rich countries. This report distils related lessons
from the OECD Policy Dialogue on Natural Resource-based Development on natural resource
revenue management and spending for sustainable development. This includes a guide
on how natural resource-rich countries can ensure budget sustainability to support
consistent spending over time. Further analysis focuses on the management of spending
versus saving and the effectiveness of different spending mechanisms for sustainable
development, making recommendations to address current challenges.