The Republic of Congo’s predominant natural resources are Petroleum, timber, iron ore, potash, zinc, uranium, phosphates, natural gas and hydropower. Oil dominates the economy and in 2010 oil made up 88% of total export proceeds and was estimated to make up 72% of public revenue.
EITI status: Compliant Country
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15 June 2013 – The Congo B EITI Committee and the PWYP coalition jointly organised a session to disseminate and raise awareness about the EITI reports. There were 150 participants, including 105 school students.
2 June 2013 – The coalition organised an awareness raising session among 25 youths from the ‘Civic Action Club for Awareness and Citizenship’ in the Siafoumou district.
May 2013 – PWYP Congo B created some communication materials in order to help raise awareness around extractive industry issues. These included brochures on PWYP and EITI and a second version of the ‘ten years of advocacy’ document.
27 April 2013 – The PWYP Congo B coalition organised a press conference with 24 journalists participating from 13 different media outlets.
27 March 2013 – Members of the coalition took part in an ordinary session of the EITI, which focused on the financing of the committee’s activities for 2013, 2014 and 2015 and future capacity building activities for the members of the committee.
22 March 2013 – PWYP Congo B members took part in a national EITI committee meeting, where they discussed the recent validation of Congo B, the recruitment of the technical secretary and the putting in place of a steering commission for the transparency and fiscal responsibility law.
4 March 2013 – PWYP Congo B issued this press release (in French only) as Congo-B became an EITI compliant country.
17 February 2013 – PWYP Congo B’s national coordinator Christian Mounzeo participated in the 22nd EITI Board meeting in Oslo, where decisions were made as to the EITI status’ of various countries. Congo B was declared an EITI compliant country.
15 February 2013 – PWYP Congo B members attended a national EITI Board meeting, where they weighed in on the country’s validation process, preparations for a fifth reconciliation report, the recruitment of a communications consultant and technical secretary and the adoption of the EITI action plan.