Date: March 26, 2010, 11:52 am


REVENUE MANAGEMENT CONSULTATIONS LACK TRANSPARENCY


Civil societies in the oil sector have protested about the lack of transparency in the on-going consultations on the draft Ghana petroleum revenue management bill. 

According to Dr. Steve Manteaw, of the Publish What You Pay Ghana, and Coordinator at the Integrated Social Development Center, he sent for a copy of the document from the Ministry of Finance and Economic Planning twice to no avail. 

Even though the civil society fraternity praise the move by government to ensure public participation they also believe that the draft bill, which they believe, is in the Ministry of Finance has neither been published nor circulated for public scrutiny to facilitate informed contributions from Ghanaians. 

Civil Society organisations which gathered for this press conference include the Publish What You Pay Coalition, the KASA fraternity, the Ghana research and advocacy fraternity and the coalition on human rights, oil and gas.

To rectify this defect, the CSOs are asking government to public with immediate effect the draft petroleum revenue management bill just as it did for the local content policy. 

 

Again, the ongoing consultations do not address the transparency and accountability issues.  The focus has rather been on how and what to spend expected revenues.  Other critical governance issues have not featured in the current discussions like what arrangements government is putting in place for managing the oil revenues.  



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