The Extractive Industries Transparency Initiative (EITI) Standard, in May 14, 2016 have appointed KPMG Jordan as the Independent Administrator (IA)
The Extractive Industries Transparency Initiative (EITI) Standard, in May 14, 2016 have appointed KPMG Jordan as the Independent Administrator (IA) who is responsible for applying relevant international professional standards to produce the annual Iraq Extractive Industries Transparency Initiative (EITI) Report for the year 2015.
The EITI is a global coalition of governments, companies, and civil society working together to improve openness and accountable management of revenues from natural resources. The EITI was established with the belief that natural resources, such as oil, gas, metals, and minerals, belong to a country’s citizens, and that the appropriately managed revenues from these resources can lead to economic growth and social development. The core belief behind EITI is that transparency and openness around how a country manages its natural resource wealth is necessary to make sure that these resources can benefit all citizens.
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