Transparency Initiative (EITI)

79
Fiscal transparency and
accountability:
1. Improved accountability
mechanisms of public and
private companies.
2. Improved transparency of
the licensing procedures
and contracts.
1. Full disclosure of the financial situation
of public and private companies found in
their respective websites. (yes/no)
2. Companies pay what they ought to pay
according to contractual terms. (Periodic
cost audits of selected companies.)
3. The mining cadaster is complete and
publicly available. (yes/no)
4. EITI Report recommendations implemented.
(yes/no)
5. Publication of licensing bids and of the
final results consistent with international
standards. (yes/no)
6. Reliable beneficial ownership information
is publicly available (in the mining
cadaster or other institution’s like Stock
Exchanges).
Output
Stakeholders are capable of
engaging in broader dialogue
and making informed decisions
when choosing options
for public policy. Key outputs:
Same as in generic model
1. Comprehensive, timely,
and easy to understand
EITI Reports.
2. Annual M-EITI Annual
Activity Reports
3. Validation Reports
Activities/
Processes
Same as in generic model
Same as in generic model
Inputs
Same as in generic model