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Sierra Leone | Extractive Industries Transparency Initiative
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I'm just me "an open book;turn me over one page at a time to unravel my story". In addition, other payments from the mining sector are made to local councils and Chiefdoms, where mining companies are based, to the Ministry of Mines and Mineral Development.
In the case of petroleum revenues, payments are made to the Petroleum Directorate PD. Moreover, the budget does not show expenditure by geographical locations but rather by line ministry, which means it is difficult to track where money is actually spent on host mining communities. However, specific contributions, such as surface rent by mining companies, are allocated to certain district councils and chiefdoms for social development.
Through its Online Repository Sierra Leone has made revenues generated from mining companies accessible to its citizens. It contains all mining licenses and payments, published directly from the mining licensing system at the National Minerals Agency. The MSG has recently been focused on making a greater contribution to an informed debate about resource governance. An assessment of the activities to make the best use of the EITI Standard and an initial assessment of Beneficial Ownership have been conducted. Through its Online Repository , hosted by the Revenue Development Foundation, Sierra Leone has made revenues generated from mining companies accessible to its citizens.
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Validation will begin immediately and will take into account progress made up to 4 September This presentation is the SLEITI report, which reconciled payments made by the extractive companies and revenues received by the government of Sierra Leone in This report is the SLEITI report, which reconciled payments made by the extractive companies and revenues received by the government of Sierra Leone in It was published in December Attached below is Sierra Leone's roadmap on how it intends to disclose the beneficial owners of the companies active in the extractives sector requirement 2.
More information on beneficial ownership can be found at eiti.
preprod-rep.brightnetwork.co.uk/lelyt-sexo-ala-fuerza.php It was published in February Ines Schjolberg Marques leads and coordinates the EITI's work on key policy areas including beneficial ownership, state-owned enterprises and commodity trading transparency. Skip to main content.
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Tax code National Revenue Authority. Contracts National Minerals Agency. Sierra Leone beneficial ownership roadmap. Becoming EITI compliant is one of the ways of ensuring greater transparency and improved governance of the sector. We are proud to engage with the EITI process that requires reporting on revenue streams from the extractives sector.
The tremendous efforts that have been made by everyone in the production of this [SLEITI] report reflect our shared aspirations for transparency and accountability of the extractives sector, economic growth in Sierra Leone and prosperity for all Sierra Leoneans.
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