President of South Sudan Commits to Global Transparency Standard

President Salva Kiir of South Sudan has announced that his Government will implement the EITI (Extractive Industry Transparency Initiative), the global standard for transparency of natural resource revenues. "This commitment to implement the EITI is in furtherance of my statement on September 21st that my government is committed to ensuring that South Sudan enters a new era of good governance, democracy, accountability and transparency," said President Kiir. Remarking on President Kiir's announcement, EITI Chair Clare Short said, "South Sudan is facing enormous challenges in the years ahead. By following the EITI standard, President Kiir's and his government have demonstrated its commitment to doing things transparently and holding themselves accountable to South Sudan's citizens. " Implementing the EITI standard ensures that all payments from oil and mining operations in South Sudan will be published in an annual EITI report for all South Sudanese citizens to see what they are receiving from their natural resources. The report can be used to recommend how South Sudan can better manage the revenues from its resources. The process will be overseen by a 'South Sudan EITI multi-stakeholder group' consisting of representatives from the government, extractives companies and civil society organisations.

Melvin Wylie