Guinea has been accepted as 'EITI Compliant' by the international EITI Board at its meeting in Mexico City Wednesday 2 July, 2014. The board, chaired by Clare Short, congratulated the government of Guinea for its sustained commitment and leadership in the implementation of the EITI.
As a country implementing the initiative, Guinea regularly discloses the government's revenues from natural resources. Maintaining compliant status would require that the country meet all requirements in the standardadopted in 2013, including additional disclosure requirements.
“The World Bank congratulates Guinea on achieving EITI Compliant status after many years of hard work facilitated by the Multi-Donor Trust Fund grant to meet rigorous transparency standards that now place their industry on par with international standards,” said Cheick Kante, country manager, Guinea office of the World Bank.
(C) Politico 02/07/14
