Group launched for transparency in extractive sector

In the hope of ensuring that there is more transparency and accountability in the extractive sector, the Guyana Extractive Industries Transparency Initiative Multi-Stakeholder Group (G-EITI MSG) was launched yesterday.

Speaking at the Umana Yana, Minister of Natural Resources, Raphael Trotman said the G-EITI will provide consolidated information on the country’s extractive sector in accordance with international standards and will also reconcile key resource revenue flows that are paid by companies,