sharing in governance of extractive industries
They go by different names but share the same higher principles. Most people don't know they exist but there they are, built into every national government, working tirelessly to ensure public resources are collected and spent as they were meant to be. They are supreme audit institutions, and they are the guardians of public financial management and natural resource governance.
Last week, I had the honor of participating in the …Continue
With independence on 9 July 2011, the Republic of South Sudan became both the newest and the most oil-dependent country in the world.
South Sudan has been blessed with oil wealth that, if managed responsibly, could provide for the long-term development and prosperity its citizens deserve. There are encouraging signs that the South Sudanese government is committed to ensuring this outcome. Indeed, the country’s emerging legal framework includes wide-ranging public reporting, contract…Continue