Iraq
Iraq Joins Global Transparency Effort
With EITI announcement, Iraqi leaders make historic investment in national and regional stability
The Revenue Watch Institute today congratulated the Government of Iraq as it joined the Extractive Industries Transparency Initiative, taking a historic step toward the efficient and open management of its oil industry.
Prime Minister Nuri Kamal al-Maliki announced Iraq’s EITI participation Sunday at a formal launch event in Baghdad attended by government leaders, members of Iraqi civil society and international groups, including the Revenue Watch Institute and the World Bank.
The missing pieces in Iraq’s first EITI report
The next few months are an incredibly crucial time for Iraq as an implementing country of the Extractive Industries Transparency Initiative (EITI). It has until August 2012 to achieve EITI Validation, following the beginning of its candidacy in February 2010.
Revenue Monitoring... Toward Which Future?
Revenue Monitoring is one of the important topics on the Iraqi scene today. I have worked in many companies and organizations, and I am aware that many local companies are not tracking their businesses financial revenues because they “leave it to God”. They see no need for financial reports or even financial planning, since this is likely to raise concern or attract envy.
PWYP coalition letter to members of the UN Security Council
Letter regarding the Open Society Institute “Revenue Watch” briefing: New UN Resolution Must Turn over U.S. Control of Iraq’s Oil Revenues to Iraqis (May 2004)
Considerations for the management of oil in Iraq: A Human Rights Watch background briefing
This briefing paper first discusses the nexus between oil revenues, governance, and rights. It then examines the current situation in Iraq, including the role of the United Nations-supervised Oil-for-Food Program. The briefing concludes with a list of guidelines for post-conflict oil revenue management.
EITI: Extracting Transparency
The Extractive Industries Transparency Initiative is determined to stamp out embezzlement, but has its work cut out. When it launched in 2002 the Extractive Industries Transparency Initiative aimed high. A coalition of governments, companies, civil society groups and investors, it promised member countries an improved investment climate, strengthened accountability and good governance. Those outcomes would contribute to economic stability, it said, and prevent conflict in the oil, mining and gas sectors.
Welcome moves for greater openness over oil money in Iraq and Nigeria
The decision by the United States to publish information on Iraq’s oil revenues, and on the
way they are spent, is a welcome first step towards transparency in Iraq’s oil industry.
Under the new spending bill for Iraq and Afghanistan, signed into law by President Bush this
week, the Coalition Provisional Authority (CPA) in Iraq must submit to U.S.
