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EITI/World Bank/AFBD Visiting Mission to Liberia

4/22/2009

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PictureEITI/World Bank/AFBD Visiting Mission with the leadership of the Liberian Senate
A high-level joint mission from the Extractive Industries Transparency Initiative (EITI) international Secretariat in Oslo, Norway and the Head Offices of the World Bank and the African Development Bank arrives in Liberia to visit with the Liberia Extractive Industries Transparency Initiative (LEITI) and hold discussions with LEITI stakeholders and senior officials of the Liberian Government on how to deepen and sustain the work of the LEITI.

The visiting EITI/World bank/African Development Bank Mission include Eddie Rich, Deputy Secretary of the EITI International Secretariat, Mr. Dorain Vasse, of the Oil, gas, and Mining Policy and Operations Unit of the World Bank, and Tove Straus who is the Principal Financial Governance Expert, OSGE Department, African Development Bank.

The visit of the high-level joint mission from the headquarters of the EITI and international donors funding the LEITI follows Liberia’s recent wining of the EITI Implementing Country Award in Doha, Qatar, and the commencement of the on-going validation of the LEITI; the recent publication of Liberia First EITI Report.

According to an LEITI Release, the joint EITI Mission will first pay a courtesy visit on the Vice President of Liberia, Dr. Joseph Boakai, and thereafter hold separate meetings with the leadership of the Liberian Senate and other officials of Government as well as representatives of Companies and civil society. The Mission will also attend the 23rd meeting of the LEITI Steering Group scheduled for Thursday, April 23, 2009.

Meanwhile, the LEITI has announced that its on-going validation by the UK-based firm, Oxford Policy Management Group is on course and proceeding smoothly. The Validation Team led by Dr. Magnus Macfarlane and including David Abjola Wilf Herderson and Dr. Wallor Topor have met with the LEITI Chairperson and the Co-Chairperson as well as many other LEITI Stakeholders. The Validation Team will present their initial observations and findings to the LEITI Multi-stakeholders Steering Group on this Thursday, April 23, 2009 during the regular meeting of the Steering Group.

The validation process is a quality assurance mechanism that the EITI Board uses to determine a country’s compliant status. Presently, there are 26 countries including Liberia that are implementing EITI and are considered EITI candidate Country. An EITI candidate country will become EITI Complaint country if it undertakes validation, and the validation process establishes that the country is indeed implementing EITI in accordance with the agreed international criteria that include, among other things, a genuine commitment by Government to work with civil society in promoting transparency in the extractive sector of the country.


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