Dear Sitting Chair Mr. Munroe: The objective of the GYEITI seeks to offer the Guyanese people factual and comprehensible information about the extractive sector in Guyana and the financial flows between the extractive industries and the GoG, in order to facilitate an informed debate about the extractive sector value chain in Guyana. And this objective […]
The Board lifted Guyana’s suspension In accordance with the EITI Standard, Guyana’s suspension is lifted following the publication of their 2020 EITI Report. Decision number 2023-30 Decision basis EITI Articles of Association 2016-2019, Article 12 30 June 2023 Board decision The EITI Board temporarily suspended Guyana on 1 February 2023 for failing to publish its […]
Senior Finance Minister Dr. Ashni Singh has announced that the Government has made its second drawdown this year from the Natural Resource Fund in accordance with the Natural Resource Fund (NRF) Act 2021. The Minister indicated that pursuant to Section 16 of the NRF Act 2021, a further US$200 million equivalent to G$41.6 billion has […]
The GYEITI Secretariat on Monday March 6, 2023, hosted a half-day workshop for Government Reporting Agencies as part of the of the efforts to compile the FY 2020 Report. The agencies had the benefit of a presentation by the Independent Administrator BDO LLP whose representatives went over the process of data collection and the completion […]
SUMMARY ACHIEVEMENTS 2022 1. The newly appointed National Coordinator of the GYEITI Dr. Prem Misir had a series of engagements with members of the Diplomatic Community and the EITI International Secretariat on his assumption of Office. These engagements focused on governance issues and the promotion of the work of the GYEITI. On March 24, 2022 […]
The Guyana Extractive Industries Transparency Initiative (GYEITI) Secretariat held the first in a series of consultative engagements for 2023 with a technical workshop for government reporting agencies on Tuesday January 31, 2023. The workshop’s overarching objective was to ensure that these agencies are in a state of readiness to work with the Independent Administrator on […]