The Government of Guyana has said that it is attempting to improve the level of transparency and accountability in the extractive industries, particularly in mining by eventually adopting the global Extractive Industries Transparency Initiative (EITI) that involves the disclosure of payments to the government from private companies, and the disclosure of receipts from the government.
A release from the Ministry of Natural Resources and the Environment (MNRE) said that this undertaking was being advanced through the hiring of a consultancy team to conduct a scoping study on the adoption of the global Extractive Industries Transparency Initiative in Guyana. On December 3,