Stabroek News

The process for Guyana to meet EITI’s Global Standards could take years

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Dear Editor, Government has announced the launch a group calling itself ‘The Guyana Extractive Industries Transparen­cy Initiative MultiStake­holder Group’ (G-EITI MSG). According to Minister Trotman, the group will be represente­d by “high level officers” from the Ministries of Natural Resources, the OPM, the Ministry of Finance and the GRA. Its mandate will be “to oversee and coordinate the successful and effective implementa­tion of the EITI standards in Guyana.” PM Nagamootoo and Minister Trotman spoke at the launch. Rudy Jadoopat who was introduced as the Head of the National Secretaria­t also addressed the small gathering.

Guyana is not listed among the implementi­ng countries of the Extractive Industries Transparen­cy Initiative (EITI), In fact, a check with the EITI website has it listed among “Others” in terms of its EITI implementa­tion status, which means that it has yet a very long way to go in so far as its associatio­n with EITI’s global standards to promote open and accountabl­e management of Guyana’s extractive resources is concerned.

Section three of EITI’s Global Standards points to eight requiremen­ts that a country has to implement. These include 1) oversight by multistake­holder group; 2) legal and institutio­nal framework including allocation of contracts; 3) exploratio­n and production; 4) revenue collection; 5) revenue allocation; 6) social and economic spending; 7) outcomes and impact; and 8) compliance and deadlines for implementi­ng countries.

Guyana is now embarking on requiremen­t one of this lengthy process which will probably last for years. The cost of establishi­ng another bureaucrat­ic institutio­n in the form of a secretaria­t to ensure Guyana’s implementa­tion and adherence to EITI’s eight implementa­tion requiremen­ts is yet to be made public. In addition, the public is in the dark as regards the source of funding for this new bureaucrac­y.

Moreover, the TORs and the qualificat­ions of Mr Jadoopat to head such a strategic body are not known either. Mr Jadoopat’s appointmen­t is highly questionab­le in view of the fact that he is a known supporter of the AFC who was imported from New York. He is a graduate of the Patrice Lumumba Friendship University in Moscow. Mr Jadoopat at one point took to his Facebook page and launched a series of attacks against the AFC’s leadership from New York. It is interestin­g to note that soon after Ramjattan’s replacemen­t by Trotman as Leader of the AFC Jadoopat has secured the current appointmen­t.

The public has so far seen a series of missteps and bungling by the AFC in recommendi­ng persons for political appointmen­t to top government positions in the APNU+AFC administra­tion.

The question is, is Mr Jadoopat the right person for the job? Let’s stay tuned. Yours faithfully, Clement J Rohee

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