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The Uganda Extractives Industries Transparency Initiative report 2020/2021
The Extractive Industries Transparency Initiative (EITI) is a global Standard to promote the open and accountable management of natural resources. EITI is currently being implemented in 57 countries in Africa, Asia, Europe, and the Americas. Uganda was admitted to the EITI in August 2020.The basis of Uganda’s admission was the submission of a candidacy application, which detailed the country’s statement of intent for improving the governance of its extractive sector as documented in the Uganda EITI National Work-plan 2020 – 2022.
The 2020/2021 Fiscal Year report was compiled. This report covers payments made by extractive entities and revenues received by Government Agencies, and other material payments and benefits to Government Agencies as stated by Requirement 4.1 of the 2019 EITI Standard.
It also includes contextual information about the extractive industries in accordance with EITI Requirements 2, 3, 4, 5 and 6. This information includes a summary description of the legal framework and fiscal regime, an overview of the extractive sector, the extractive industries’ contribution to the economy, production data, the State’s shareholding in extractive entities, revenue allocations, license registers and license allocations.
For more information, go to https://www.ugeiti.org/