Extractive Industries Transparency Initiative - Iraq

Extractive Industries Transparency Initiative is the global standard for transparency in the extractive industries sector is based on a comparison between company payments and Mataatlqah governments with the disclosure of such information to the public. The goal is to achieve the differences between the payments and the amounts received and the investigation into the causes and deal with them. The implementation of the first use of an independent international audit firm and are made under the supervision of an administrative committee by multiple stakeholders. The charge of auditing firm to prepare a general report includes revenues and payments data and clarification of the differences and points of deficiencies in procedures should abide by all transparency principles and standards of Transparency Initiative in extractive industries initiative programs and should complete 20 steps in four stages, but he is fully measures designed so that each of the adapted as necessary.
Initiative Action Plan 2016-2018