Press Release – Guyana Cannot Enjoy EITI Membership on its Own Terms

Release Date: March 2, 2023

The document discusses the temporary suspension of Guyana from the Extractive Industries Transparency Initiative (EITI) due to the government’s non-compliance with the EITI standard. It emphasizes the importance of the Multi-Stakeholder Group (MSG) and the need for democratic decision-making processes within the GYEITI. The document criticizes the Guyanese government for its lack of progress in democratic reforms and accountability, particularly in financial management and transparency. It also highlights the contradiction between Guyana’s progressive international image and its domestic governance issues, suggesting that without significant changes, Guyana risks further sanctions from EITI. Policy Forum Guyana, the author of the document, calls for a commitment to the EITI’s principles to improve governance and accountability in Guyana.
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