Good morning to you all. I deem it a great honour to be here this morning to launch the Ghana - EITI Audit Reports for 2006, 2007 and 2008.  As some of you may know the Extractive Industries Transparency Initiative (EITI) is a governance tool that seeks to promote the principles of transparency and accountability in the payment and receipts of resources from the extractive sector.

The Ministry of Finance and Economic Planning has launched the 2006, 2007 and 2008 Ghana Extractive Industries Transparency Initiative (GHEITI) Audit Reports. The Ghana EITI is a governance tool that seeks to promote the principles of transparency and accountability in the payment and receipts of resources from the extractive sector.

DAR-ES-SALAAM, 19 OCTOBER 2010.  Ghana has achieved Compliance with the Extractive Industries Transparency Initiative (EITI), the global standard for improved transparency in the oil, gas and mining sectors. The EITI Board designated Ghana as 'EITI Compliant' at a meeting today in Dar-es-Salaam, Tanzania.

Accra, Friday October 15, 2010 – Ghana’s Multi-stakeholder Group, overseeing the implementation of the Ghana Extractive Industries Transparency Initiative (GHETIT) on Wednesday October 6, accepted by unanimous decision the 2006 – 2008 EITI audit reports submitted by the aggregator, Messrs Boas and Associates.

1.0    Introduction
On Wednesday 8th September 2010, the Hon. Minister of Finance and Economic Planning, Honorable Kwabena Duffour with support from colleague Ministers from the Ministry of Lands and Natural Resources, Hon Collins Dauda, Environment, Science and Technology, Hon Sherry Ayittey and Deputy Minister for Energy, Hon. Emmanuel Armah-Kofi Buah inaugurated the expanded National Steering Committee (NSC) of the Ghana Extractive Industries Transparency Initiative (GHEITI) in the Finance Minister’s office from 10am-12pm.

2023 GHEITI Oil and Gas Reconciliation Report is available. Click to download. [HERE]

2023 GHEITI Mining Sector Reconciliation Report. Click here to download. Other reports in varying formats are available from the Publications section. Please click [HERE]

Ghana’s extractive sector transparency body has called on the government to immediately scrap the 3% Growth and Sustainability Levy (GSL) on mining companies, warning that retaining it alongside the newly enacted sliding-scale royalty regime could push the total fiscal burden on gross mineral production to levels without precedent in global mining.

 

Ghana Extractive Industries Transparency Initiative (GHEITI) has called on the government to ensure that the Damang Gold Mine’s transition to state ownership in 2026 is anchored on local participation and rigorous governance.

GHEITI urges government to ring-fence oil revenues for Big Push infrastructure, warning that diversion and co-mingling of funds will undermine transparency, accountability, and the visible impact of petroleum-funded projects.