7. Gusher in Guyana. Will oil corrupt this state?

Guyana

0. Note Marcel Chin-A-Lien – V.21.06.18

1. The gusher in Guyana. Will oil corrupt a small Caribbean state? – The Economist

2. This government does not have an impressive record. – Harry Gill – PPP/C Member of Parliament, Guyana

3. Guyana – oil, gas and corruption – Claudius Prince

4. Guyana’s oil and gas sector. Laws not enough to stop corruption – Foreign panellists at Guyana forum – July 7, 2017

5. Oil will not fall victim to vicious ‘friends and family’ culture – Trotman promises – Aug 16, 2017 – Kaieteur News – By Kiana    Wilburg

6. Guyana finally submits EITI application
Aug 19, 2017 – Reblogged from kaieteurnewsonline.com

7. Corruption Perception Index: Guyana and nearby countries – From Worldbank 2017.

8. Stemming corruption in Guyana. –  Apr 06, 2018 Editorial – Kaieteur News

9. https://guyaneseonline.wordpress.com/2018/06/21/guyana-the-country-that-wasnt-ready-to-win-the-lottery/

0) Note Marcel Chin-A-Lien

Will Guyana be affected by the Oil Curse and the Dutch disease, from 2020 on when oil production begins? Why ?  Dutch disease and resource-based international trade.

Three (3) explanations for the Dutch Disease.

Many books and publications exist on this subject. Some scientist have even dedicated a large part of their life studying this phenomenon. Much can be found by researching on internet. You may want to have a look at some of these publications. For a subject that will be of prime importance for Guyana the coming decades.

A) Based on resource endowments, as Heckscher-Ohlin (H-O model, Stockholm School of Economics, 1933.
Building on David Ricardo’s theory of comparative advantage). And Heckscher-Olin-Vanek.
And by the Stolper-Samuelson theorem.

B) Explained by the classic economy theory of W. Max Corden and J. Peter Neary, 1982.
W.M. Corden (1984), ” Boom Sector and Dutch Disease Economics: Survey and Consolidation.” Oxford Economic Papers 36:362.

C) As explained by Juan Pablo Pérez Alfonso, from oilrich country Venezuela. Prominent Venezuelan diplomat, politician, and lawyer.
Responsible for the creation of OPEC. In one of his excellent books such as ” The devil’s excrement ” or ” Hundiéndonos en los excrementos del Diablo”, 1976, Caracas, Editorial Lisbona.

A book that I studied with great interest back in 1977.
On arrival and start of my career in Caracas. By that time, the bustling and booming, so-called Sucursal del Cielo and La Venezuela Saudita.
Caracas, a moveable feast by then. Just as in ” A moveable feast ” on Paris, by Hemingway.

1)The gusher in Guyana. Will oil corrupt a small Caribbean state

Reblogged from: www.economist.com/news/americas/21724385-it-will-take-better-politicians-resist-corrosive-power-petrodollars-will-oil-corrupt – Jun 29th 2017 – The Americas- The Economist Magazine

South America’s only English-speaking country is one of its poorest. But perhaps not for much longer: Guyana has struck black gold. By 2020 ExxonMobil, the world’s biggest private oil firm, expects to be pumping oil in Guyanese waters, with Hess and Nexen, its American and Chinese partner firms.

In the past two years they have found reserves of around 2bn barrels. Five more promising prospects will be drilled by 2018, and then perhaps a dozen more. Guyana could be producing 120,000 barrels per day by 2020, and more than 400,000 by the mid 2020s.

Even with oil at under $50 a barrel, this is vast wealth for a nation of just 750,000. But the Guyanese seem strangely underwhelmed. “It will not trickle down,” a street trader shrugs. Little of the work will be done onshore.

Guyana has few engineers and no heavy industry. A global glut of refining capacity means there is no point in Guyana building its own. Oil will be pumped into giant vessels, then shipped directly to foreign markets.

So the main question is how the government will spend its share of the windfall. There is talk of a sovereign wealth fund and projects to boost long-term growth: an all-weather road linking the capital, Georgetown, to the interior and Brazil; a deepwater port; hydro-electric schemes; better health care and schools.

But Guyana already had diamonds and gold, and little of that wealth was shared. Horse-drawn carts still weave through the Georgetown traffic. Large new gold mines under Australian and Canadian ownership have boosted export earnings and the tax take. But small locally owned ones smuggle much of their output abroad, bypassing the taxman. State-owned sugar producers gobble subsidies. Cash will be tight until the oil starts flowing.

Retail sales are down. Nightspots are closing. “Businesses are scared to invest,” says an accountant. He blames a crackdown on money-laundering and graft. Others blame a newish local office of America’s Drug Enforcement Administration for reducing the flow of drugs cash.

The minister for natural resources, Raphael Trotman, wants Guyana to sign up to the Extractive Industries Transparency Initiative, which monitors mineral revenues to stop them being stolen. The Guyana Oil and Gas Association, a recently formed coalition of private firms and individuals, aims to promote transparency in the industry. But oil tends to corrupt weak governments. And Guyana’s is far from strong; the country has a history of corruption and its politics are bitter and racially polarised.

An alliance led by the mainly Afro-Guyanese People’s National Congress, the party that governed from 1964 to 1992 through rigged elections, squeaked back into power in 2015. It is locked in a standoff with the opposition over who should become the new head of the elections commission, which has kept elections broadly free and fair since 1992. If no deal is reached, the constitution seems to allow the president to impose his choice—in which case the leader of the opposition People’s Progressive Party, which is mostly supported by Indo-Guyanese people, threatens to sue.

The risk is that Guyana’s petrodollars will be squandered on more sugar subsidies and pay rises for the unproductive public sector. The next election is due in 2020 just when the oil starts to flow. The victor could enjoy a well-lubricated quarter century in office.

This article appeared in the The Americas section of the print edition under the headline “The gusher in Guyana”.
The Economist
It will take better politicians to resist the corrosive power of petrodollars.

2) This government does not have an impressive record

Dear Editor,
With no clear policy to create jobs and grow the economy, and with an unprecedented number of blunders, scandals, and corrupt practices haunting this administration, lies, deception and voter-fraud are the only options available to the APNU+AFC to cling to power in 2020. Not even campaign promises can get them elected this time around for we all know the APNU+AFC cannot be trusted to keep campaign promises.

The Guyana Chronicle of Sunday, 16 July quoted President Granger as saying, “We are actually looking at means to reduce the taxation burdens.” Ironically, this is precisely one of the strategies proposed by the APNU+AFC Re-election Campaign (REEC). The People’s Progressive Party (PPP) has long been calling on the government to repeal the draconian tax burdens imposed on working class Guyanese since taking office, and the Leader of the Opposition, Dr. Bharrat Jagdeo has already said that he will rescind these immediately upon his party being elected back into office. So what’s new?

As I’ve mentioned in a previous letter, the Administration’s greatest fear is having to compete against a highly motivated PPP/C in 2020 with Bharrat Jagdeo as its Presidential Candidate. They will do everything to prevent this from happening, and are bold enough to risk tampering with the judiciary to achieve this objective. They have been using propaganda to fool the Guyanese electorate into believing that the People’s Progressive Party is corrupt and racist. All lies and deception that must now be challenged!

As mentioned above, President Granger has already started to tout the implementation of the strategy to ease heavy taxation. This is a serious admission that both the burdensome tax measures imposed by government in the 2017 National Budget and the 2 AM closure of bars and night-clubs by Minister Khemraj Ramjattan were unpopular among APNU+AFC supporters and could cost them votes in the 2020 election.

Our youth were knowingly deceived and used by the APNU+AFC during the last election, and they hope to “mamaguy” young voters again with the same strategy being suggested here. Not a word about implementing a plan to create jobs and opportunities for the youth as promised in the APNU+AFC 2015 Manifesto.

When the APNU+AFC came to office in 2015, it didn’t take long for the Granger Administration to start blowing out the over US$700 million left by the PPP/C in foreign exchange reserves at the Bank of Guyana. Ministers were paid hefty salaries ranging from $1.2 million to $1.7 million monthly; New luxury vehicles were bought for the President and his ministers, costing as much as $22 million each; The number of ministers were increased from 18 under the PPP/C to 27 plus the President under this Administration, with most ministries now run by a Junior Minister and a Senior Minister.

This incompetence obviously puts additional burden on the financial resources of the country to pay all these ministers fat salaries, provide housing for them, costing taxpayers as much as $500,000 per month; The spouses of ministers now travel with them first class at taxpayers’ expense, and some ministers are allowed to spend unlimited amounts as travel expenses without having to account for the spending of taxpayers’ money upon their return. The President travelled to the Bahamas on a chartered plane costing Guyanese taxpayers millions rather than flying there first class via Miami on a commercial flight for a fraction of the cost.

Then billions of taxpayers’ dollars were spent settling lawsuits that could have been won if we had a competent Attorney General that was half as brilliant as the one we had before. The Administration shamelessly wasted billions of taxpayers’ money on the bottom house drug storage bond and the D’Urban Park white elephant. But instead of cutting back on these elaborate and wasteful government expenditures, the Granger Administration is now forced to find other sources of income that would allow them to continue living “the good life”. Hence over 200 new tax measures have been imposed upon the Guyanese working-class in the two-plus years they have been in office. What a shame!

The other big lie propagated by this government to justify the failure to grow the economy and to provide jobs, is that money from the thriving illegal drug trade played a major role in boosting the under-ground economy under the previous PPP/C government. Well, if this was true, and this APNU+AFC government was successful in stopping this massive drug trade, why is it that SOCU’s big claim to fame so far is going after Jagdeo’s house in Pradoville 2 and Anil Nandlall’s Law journals?

Why aren’t these notorious drug dealers that ran the under-ground economy under the Jagdeo and Ramotar Administrations been arrested and brought to justice by SOCU and Attorney General Basil Williams? I’ll tell you why, because these are all lies made up by the APNU+AFC to get rid of the PPP/C. Just like the other “proposed measure” mentioned in Basil Williams email that reads:
The word “perception” used here is evident that they themselves do not believe this to be true. When compared to the number of Blacks holding prominent positions in the PPP/C, long-time PNC stalwart Anna Ally and a few others may be the only non-AFC Indians that hold a comparable position in the PNC/APNU. Fueling “the perception that the PPP is racist” may have worked in the past, but more Afro-Guyanese are willing to admit they were much better-off under the PPP/C that they are today under the APNU+AFC.
HARRY GILL – PPP/C Member of Parliament

3) Guyana, oil, gas and corruption

Dear Editor,
There are two things I will comment on observations on the above matter made by Ms. Vicky McPherson a shareholder in the Global Energy and Infrastructure group as reported in Kaieteur News of 7th July 2017.

First the shareholder is said to have opined that laws will not be enough to prevent corruption in our oil and gas industry. Obviously, this opinion of MS McPherson is correct. The presence of laws never did or never will, by themselves prevent crime.
The second aspect of Ms. McPherson’s reported comments was the suggestion that what is needed to deter corruption is “leadership and the personal conviction to not steal from the public purse.” This statement is not as clear as a casual examination might suggest it is, and lends itself to various interpretations.

I will take both aspects of this statement to be referring to both leaders at the national political decision making level and senior persons Guyana identify to monitor and participate in the management of the oil industry on its behalf. With this as my understanding of the context in which the statement was made I now turn to examine what we know about white collar crime to see if it comports with the shareholder’s notion of what will halt its presence.

To do so I turn to Sutherland’s Differential Association theory for assistance.
While the theory of Differential Association (DA) has its short falls (like all theories), it remains the most used theory for explaining causation for white collar crime. Essentially DA holds that our behaviour is influenced by the extent to which we share the values and definitions of law and its violation held by our colleagues (our reference group).

Thus, Sutherland saw this crime as a natural consequence of the interaction with criminal lifestyle. A straightforward way for us to gain an appreciation of Sutherlands’ DA theory is to recall the old and familiar saying “show me your company and I will tell you who you are.” An examination of alleged white-collar crimes in Guyana’s recent history seems to support Sutherland’s contention.

When the now governing parties were in the opposition they accused then president Jagdeo of committing white collar crimes – reference his Prado 1 and Prado 2 homes. The life styles of ministers in Jagdeo’s government and other senior government functionaries exceed what their salaries could make possible. These said officials felt comfortable telling the nation their sudden wealth was achieved courtesy of barrels sent by relatives.

Friends of the President purchased the people’s property at below market price. When these things happened, we knew these senior functionaries felt comfortable doing these things because they were assured of support from their colleagues (reference group).Persons with whom, according to Sutherland, they “share values and definitions favorable to law violation.”

For quite some time now the social scientist has noted the tendency of humans to adopt the values of our colleagues/reference group. Social psychology tells us that the tendency to confirm to group values and behaviour is really an effort to satisfy our need for acceptance and the maintenance of group harmony. Indeed, not understanding this willingness of individuals to adopt the values and behaviour of their reference group is what lead to many of us exclaiming, on hearing of the corrupt acts of someone we knew prior to his/her elevation to positions of influence and authority – “he change! He was never a person like that.”

It is expected that the oil sector will come on stream somewhere near the end of this government’s present term. While we know what to expect from the PPP based upon its past behaviour which suggest a willingness to pursue self-aggrandizement at the expense of the poor, what are we to expect if the present government is returned to power?

It would seem to me that the same yard stick of gauging future behaviour based upon past conduct that I employed earlier for assessing the PPP must also be used for suggesting how the APNU/AFC is likely to behave if returned to power.
Based upon his behaviour thus far, only the malicious and childishly partisan would suggest that President Granger shows any interest in self-aggrandizement. From his conduct, it seems showering himself with material riches is not his definition of a successful life, his emphasis seems to be focused on personal spiritual growth. So, while the PPP is rotten from the head down and therefore offers ideal conditions for white collar crimes to flourish, in the case of the APNU/AFC government the accommodating of such crimes comes from the wider community of its governing group. .

Remember Sutherland’s theory did not focus on the behaviour of the leader but on the wider leadership – colleagues who are one’s “reference group.” It is their acceptance of criminal behaviour that offers the accommodating environment for such crimes. Support for the correctness of Sutherland’s focus on leadership rather than the leader can be seen in the fact that even during the presidency of a simple man like Dr. Jagan white collar crime was said to be rampant among senior PPP officials.

So, under the APNU/AFC government when we recall the drugs bond scandal, the mystery surrounding the purchase of millions of dollars of drugs, are we not seeing a culture in the government which suggests support for messing with the peoples’ money? And what are we to make of a government which see no harm in taking from the public purse to award themselves 50% raise in salaries while telling poor workers “all we can afford to give you is 10% or below?”

A government that uses poor taxpayers’ dollars to provide ministers with rented houses, costing half a million dollars each month? When a government could look out for itself in this brazen manner, at the expense of workers, what are we to conclude? Isn’t it, based on its behavior, giving credence to Sutherland’s contention that white collar crime flourishes where persons in position of authority share a favorable definition of law violation?

With all the above as our reality, tell me, why should we believe that this government and its senior appointees will not also use oil money in the same selfish manner and that white collar crime will not continue to plague the nation?
Claudius Prince

4) Guyana’s oil and gas sector. Laws not enough to stop corruption

– Foreign panellists stress at local forum

With Guyana now moving to set in place the necessary laws and regulations to govern the emerging oil and gas sector, it’s going to take more than that to stop corruption.
This is the opinion of Vicky McPherson, a Shareholder in the Global Energy & Infrastructure Group and the Africa Practice Group at the international law firm, Greenberg Traurig.

“The most important thing to acknowledge about corruption is that you can have all of the laws and regulations in place, but if you don’t have the leadership and the personal conviction to not steal from the public coffers, none of this matters,” she said.

McPherson was at the time responding to a question posed by Chief Executive Officer (CEO) of the State Assets Recovery Unit (SARU) Aubrey Heath-Retemyer, on whether there has been any attempt to safely determine the level of involvement of larger countries in corrupting smaller oil-rich states.

This statement would come at a time when Guyana is moving to put in place the necessary laws, policies and regulatory bodies to govern the emerging oil and gas sector. These would include the 1) Local Content Policy, 2) the Sovereign Wealth Fund, and the 3) Petroleum Commission Act, among others.

McPherson, who appeared as a panellist at the “Public Corruption and the Oil Curse” symposium held at Le Meridian Pegasus Hotel in Kingston, Georgetown yesterday, told Heath-Retemyer that she is not aware of any “quantifiable” report, and outlined several factors that can prevent corruption from outside sources. These factors, she said, include Civil Society and a Free Press.

“The things that distinguish many developing countries from others in terms of how corrupt their system becomes after the discovery of oil and other natural resources, are those two factors…whether or not civil society is active and vocal of the development of that industry, and whether the press will report what it ultimately will find – if it’s doing its job.”

McPherson said also that citizens have a major role to play in ensuring transparency.
“If the citizens demand transparency, that will go a long way in terms of ensuring that the government and those who benefit from government contracts do not personally benefit to the detriment of Guyana as a whole,” she said.

Echoing McPherson’s view that laws will not be enough to combat corruption was David Holukoff, the Director of Grant Thornton in the British Virgin Islands.
The firm is regarded as the world’s seventh largest professional services network of independent accounting and consulting member firms which provide assurance, tax and advisory services to privately-held businesses, public interest entities, and public sector entities.
“It’s not just about laws, because there is always a loophole…When we’re doing our forensic investigations, it’s about the will and the leadership from the top…and the unwillingness to accept corruption and chase after and get rid of the bad players,” he said.

5)  Oil will not fall victim to vicious ‘friends and family’ culture:Trotman promises

Reblogged from guyaneseonline.wordpress.com & kaieteurnews.com – August 16, 2017

Oil will not fall victim to vicious ‘friends and family’ culture – Trotman promises
Aug 16, 2017 – Kaieteur News – By Kiana Wilburg

The mining, forestry, and broadcasting sectors, among others, have been victims of an (Photo : Minister of Natural Resources, Raphael Trotman)
unscrupulous culture. It is a culture which sees the close friends and families connected to government officials benefitting from revenue and/or resources which are intended for the benefit and development of the state and its people.

But this culture is not unique to Guyana. It is particularly prevalent in the oil and gas sectors around the world. As Guyana prepares for this new industry which is poised to bring gushing streams of revenue, Minister of Natural Resources, Raphael Trotman is assuring that the Government is going above and beyond to insulate the oil sector from corruption.

In an interview with this newspaper yesterday, Trotman said that the culture in Guyana of having riches belonging to the state trickle down to family and friends connected to the government, is something that the APNU+AFC coaltion is very conscious of.

The Minister said, “But what we are doing as a government is developing a raft of good governance mechanisms and initiatives. So you have the Extractive Industries Transparency Initiative (EITI) process which would take care of things like beneficial ownership and the engagement or involvement of family and friends and so forth.”

Trotman reminded that Prime Minister, Moses Nagamootoo would have brought before the National Assembly, amendments to the Integrity Commission Act which has been in the form of a regimented Code of Conduct for public officials.

With this in mind, the Natural Resources Minister said, “We are looking at a raft of legislation and other initiatives to strengthen good governance matters in that regard. At the end of the day, it is not something that is lost on the government, and we have been looking at ways in which we can plug loopholes, ensure declarations, guarantee arms-length relations between persons of influence and contracts and so forth…”

He added, “The Family and friends culture will not permeate oil and gas sector. We have to and we will, insulate the industry from undue influences and corruption. Bear in mind, however, that Guyana is a small country of less than one million people. You go into some place and you realize that you actually went to school with someone there or you know the person. So that is the context of Guyana.”

The Natural Resources Minister said that the idea, nonetheless, is to ensure that ministers and persons of influence are not allowed to divert oil resources which belong to the state and its people to their family and friends.

EQUATORIAL GUINEA

It was on Monday that Kaieteur News carried an article which showed how the friends and families connected to the Government of Equatorial Guinea live lifestyles fit for kings and queens.

These “selected” individuals can happily enjoy their riches today, much to the credit of USA oil giant ExxonMobil.

But a damning investigation later revealed that the source of their wealth was due to the fact that ExxonMobil was funneling millions of dollars into a private account belonging to the Government. And that is not all. ExxonMobil was also granting contracts to the friends and family members connected to the Government of Equatorial Guinea.

At one of the hearings held by the American Senate Subcommittee in 2004, Senator Jeff Merkley grilled at length, Rex Tillerson, who was the CEO of ExxonMobil. He is now the US Secretary of State.

Tillerson was questioned on the fact that there were a number of contracts that ExxonMobil did with companies which had strong ties to the friends and family members of the Government of Equatorial Guinea. Merkley said that this included building leases and land leases and a series of other contracts. He added that the net effect was the transfer of more riches to the Government of Equatorial Guinea.

Merkley pointed out that ExxonMobil’s actions raised this moral question: How could this company be engaging Equatorial Guinea in such a manner, that it was essentially enriching the leaders, without little thought of how this was going to impact the people there?

Merkley also pointed out that the unfavourable state of Equatorial Guinea is even reported on by the US State Department.

Tillerson said that while he is aware of the circumstances spoken of by the Senator, he merely maintained that during his time, there were no violations.

With the aforementioned in mind, several anti-corruption advocates fear that the same may take place in Guyana.

6)  Guyana finally submits EITI application

Aug 19, 2017 News 0 Comments – Reblogged from kaieteurnewsonline.com – By Kiana Wilburg

The submission of Guyana’s application for membership into the Extractive Industries Transparency Initiative (EITI) was yesterday facilitated at the Ministry of Natural Resources on Brickdam.

Photo: (centre) Natural Resources Minister, Raphael Trotman handing over Guyana’s EITI application to GYEITI Head, Dr. Rudy Jadoopat while being flanked by other stakeholder.

At the simple ceremony, Natural Resources Minister, Raphael Trotman handed over a copy of the application to Head of the EITI local chapter, Dr. Rudy Jadoopat. The Guyana EITI (GYEITI) Head collected the document on behalf of the regional EITI head, Dr. Francisco Paris, who witnessed the occasion via Skype. Dr. Paris is currently in Oslo, Norway, and an electronic copy of the document was sent to him later yesterday.

Present at the event were various industry stakeholders, including Patrick Harding, of the gold industry and ExxonMobil’s Country Manager in Guyana, Rod Henson. Mike McCormack, who is the head of the Multi-Stakeholder Group, was also present at the event.
In his opening remarks, Trotman said that the submission of the application is a signal achievement for good governance in Guyana. He then recognized the work done by the previous government, as it was the PPP which some years ago, made the decision to take Guyana in this direction. Trotman noted that thereafter, in November of 2015, a cabinet decision was taken by the APNU+AFC Government to continue the process.

Trotman also singled out McCormack and Hilbert Shields, who possess years of experience in the extractive sector, for their invaluable contributions towards the process.
Once the application is accepted, Trotman said that Guyana would become the 53rd member of EITI.
According to Jadoopat, the application is being submitted this month so that Guyana can make it in time for the EITI meeting coming up in October, where it is expected that its application will be approved.
Jadoopat said that once all goes well, Guyana should be submitting its first report as an implementing country of the EITI Standard by April 2019.

EITI is an international body that was established in 2003 with the aim of making it harder for governments and companies to hide the truth about the proceeds garnered from the extractive industries.
The companies in the extractive sector report on what they are paying the government, and the government reports separately on what it received from the companies in the sector. A report is then prepared by a Multi-Stakeholder Group. The document, among other things, will highlight whether the numbers data collected from the two add up, or if there is an irregularity.
Jadoopat explained that Guyana must be praised for intensifying its efforts, in recent years, to satisfy EITI candidate sign-up requirements.

The official noted that the Government of Guyana had announced its commitment to implement the EITI Standards since May 2010. He noted that Guyana and EITI even signed a Memorandum of Understanding in 2012, which paved the way for Guyana to be assisted with its preparation of EITI candidacy.
He noted that the Inter-American Development Bank (IDB), the World Bank and the Carter Center provided assistance to the Government and supported its efforts towards EITI candidacy. Jadoopat said it is expected that this will continue.
Furthermore, Jadoopat said that Guyana has stepped up in achieving meaningful progress towards eligibility to apply for EITI candidacy.

He noted that the coalition government has since reaffirmed the country’s commitment to EITI and announced the establishment of the Guyana Extractive Industries Transparency Initiative.
Following this was the appointment of a National Coordinator and a Deputy Coordinator on February 1, last. A Multi-Stakeholder Group (MSG), which is one of the requirements of EITI, was officially launched on February 15, last.
Jadoopat explained that the MSG GYEITI comprises 12 members, nominated by Civil Society, the Extractive Industry and Government in the ratio 4:4:4. He said that there are also 12 alternates; one for each member from the respective sectors.
Additionally, the National Coordinator said that the MSG GYEITI has agreed to hold regular meetings, at least once a month. He noted that Sub-Groups have been formed to actively engage in finalizing Terms of Reference, a Confidentiality Agreement and a Work Plan.

“Barring any unforeseen obstacles, The Cooperative Republic of Guyana can become an EITI candidate before the end of 2017. Additionally, in order to set the stage to implement the EITI Standard nationally, measures will be taken to assist the MSG in making decisions on how the EITI process should work in Guyana,” Jadoopat expressed.
He said that other measures will see moves being made to embark on comprehensive data and information compilation on the governance of the extractive sectors of Guyana, preparation of regular reports and issuance of recommendations for improving sector governance.

The National Coordinator said that efforts will also be geared towards the design of a comprehensive public awareness campaign to promote and explain the work of the Guyana EITI and also inform public debate and seek recommendations.
Jadoopat also noted that the Multi-Stakeholder approach is central to the operation and philosophy of the EITI, as it reflects on how the GYEITI is governed and implemented. He said that the GYEITI Multi-Stakeholder Group, like in other EITI countries, has been established to oversee EITI implementation.

“The MSG is the main decision-making body responsible for setting objectives for EITI implementation, producing EITI Reports and ensuring that the findings contribute to public debate. A fully functioning MSG is essential for Guyana to be accepted as an EITI Candidate country and for the successful EITI implementation thereafter,” the National Coordinator asserted.
He continued, “The EITI Standard contains some minimum requirements related to the role, rights and responsibilities of the MSG that can help ensure efficient MSG oversight of the EITI implementation process.”
Jadoopat added that the government, as stipulated in the International EITI Standard 1.4, has committed to working with Civil Society and Companies.

The official said that the government has been instrumental in ensuring that the preconditions for EITI candidacy are satisfied.
He said, “It has unequivocally and boldly announced its commitment to work with civil society and companies. Also, the government has agreed to ensure that there are no obstacles to civil society’s participation in the EITI processes. It agreed to refrain from actions which may result in narrowing of, or restricting public debate in relation to the EITI implementation.”
Furthermore, Jadoopat took the opportunity to encourage all to consider it their civilian duty to actively participate in the activities and work of the GYEITI.

7) Corruption Perception Index: Guyana and nearby countries – From Worldbank 2017: A high index of 130. Near to Venezuela.

https://govdata360.worldbank.org/indicators/hf04fbdb3?country=GUY&indicator=32535&countries=SUR,BRA,VEN,TTO&viz=line_chart&years=2012,2014

Corruption Perception Index
  • facebook
  • Twitter
  • LinkedIn
Corruption Perception Index.

From: https://govdata360.worldbank.org/indicators/hf04fbdb3?country=GUY&indicator=32535&countries=SUR,BRA,VEN,TTO&viz=line_chart&years=2012,2014

8. Stemming corruption in Guyana –  Apr 06, 2018 Editorial – Kaieteur News

Apr 06, 2018 Editorial – Kaieteur News

Opinion: Stemming corruption in Guyana

 

 

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.