Second round of fieldwork commences for Guyana Extractive Industries Transparency Initiative

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Minister of Natural Resources and the Environment, Robert Persaud.
Minister of Natural Resources and the Environment, Robert Persaud.

[www.inewsguyana.com] – Following the inception workshop and the launch of the scoping study for the Extractive Industries Transparency Initiative for Guyana in the last quarter of 2014, the Ministry of Natural Resources and the Environment along with the consultancy firm – Moore Stephens International (MSI) – has commenced the second round of fieldwork for the project.

A media release from the Ministry noted that a team from the international firm, MSI, is currently in Guyana on a two week mission to conduct meetings with various stakeholders from public, private and civil society organization.

Among the key stakeholders are representatives from the Guyana Gold and Diamond Miners Association, Guyana Women Miners Organization, Guyana Human Rights Association, Ministry of Finance, Guyana Revenue Authority, Audit Office of Guyana, Guyana Geology and Mines Commission, Guyana Gold Board, Environmental Protection Agency, etc.mining

The Extractive Industries Transparency Initiative (EITI) is a global standard aimed at improving revenue transparency and accountability in the extractives sector. EITI was established in 2002 and since then has become a robust yet flexible methodology for monitoring and reconciling company payments and government revenues from oil, gas and mining at the country level.

 

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