Head of the Norway-based Extractive Industries Transparency Initiative (EITI) Mark Robinson has said that Guyana’s tax framework is not built to facilitate transparency – one of the major requirements of the international EITI standards – and encouraged that it be improved so that Guyana can become fully compliant.
Robinson concluded his three-day visit to Guyana yesterday. The visit was a result of Guyana’s first validation report by the International Board of the EITI. The country received a fairly low overall score in implementing the requirements of the EITI and Robinson’s visit was to meet with the government, the Guyana EITI (GYEITI), industry representatives and other stakeholders to aid in the strengthening of the system of compliance.
Credit: Source link