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Article

6 Dec 2014

Author:
Pat Aboagyewaa, SpyGhana

NGOs meet to discuss Ghana's Extractives Industry Transparency Initiative draft bill

‘Civil Society Activists Meet On GHEITI Draft Bill’, 6 Dec 2014: The primary purpose of this Bill is to provide a legal framework and...enhance transparency and accountability in relation to governance of the natural resources sector of the economy...The Bill is also intended to ensure increased transparency in the distribution of payments made to and received by local government units and traditional authorities. The three-day consultation which [is] convened by Publish What You Pay(PWYP) Ghana...[is] aimed at seeking inputs from CSOs who advocated for the initiation of the bill...Dr. Steve Manteaw...National Coordinator of PWYP said the Bill provides for contract transparency...[and] makes provision for the disclosure to the public of the contents of extractive industry contracts negotiated and concluded between companies...and Government...not only for the purpose of tracking revenue streams but also for ensuring the sustainable exploitation of natural resources...