The third EITI report covers the period from 2016 to 2017. It includes payments made by extractive companies, a summary of the legal and fiscal regime, production data, state’s shareholding in extractive companies, revenue allocations, license registers and license allocations.

Key Highlights:

  • Revenue Transparency: payments made by companies in the extractive sector (like mining companies) to the government, including taxes, royalties, and other fees.
  • Financial Data: analysis of the revenues collected from the extractive industries in the specified period (2016-2017) and gives insight into how those funds are used or distributed.
  • Compliance and Gaps: highlights of whether companies and government entities are adhering to transparency standards and might identify any gaps in reporting or compliance.
  • Recommendations: recommendations to improve governance and financial transparency in the extractive sector.