EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)

Fiscal transparency is a vital requirement for effective fiscal policymaking. Budgets, including their underlying fiscal forecasts, must provide a clear statement of the government’s budgetary objectives and policy intentions. Credible budgets also...

Full description

Bibliographic Details
Main Authors: Cuvillier, Emmanuel, Kannan, Sridar Padmanabhan
Format: Brief
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/381971566454108303/EITI-as-an-Instrument-of-Fiscal-Transparency-and-Accountability-in-Contexts-of-Fragility-and-Violence-A-Comparative-Case-Study-of-Afghanistan-and-Iraq-Part-One
http://hdl.handle.net/10986/32325
id okr-10986-32325
recordtype oai_dc
spelling okr-10986-323252021-05-25T10:54:43Z EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1) Cuvillier, Emmanuel Kannan, Sridar Padmanabhan FISCAL POLICY ACCOUNTABILITY TRANSPARENCY GOVERNANCE REVENUE ALLOCATION BUDGET ALLOCATION PUBLIC EXPENDITURE OVERSIGHT EXTRACTIVE INDUSTRIES Fiscal transparency is a vital requirement for effective fiscal policymaking. Budgets, including their underlying fiscal forecasts, must provide a clear statement of the government’s budgetary objectives and policy intentions. Credible budgets also require comprehensive, timely, and reliable data about the evolution of public finances, which enables sound financial projections. The extractive industries transparency initiative (EITI) is a global standard for enhancing transparency and accountability in the governance of oil, gas, and mineral resources (that is, the extractive industries). It requires periodic public disclosures of information about a country’s extractive industries. EITI also requires disclosure of financial data relating to extractive industries, such as reconciled figures of company payments and government revenues; revenue allocations and transfers; data on sector exports; and quantitative information about the contribution of the sector to the economy. Analyses of data disclosed through EITI, especially in countries dependent upon extractive industries, often enables the identification and delivery of key measures to strengthen fiscal accountability. 2019-08-28T14:44:55Z 2019-08-28T14:44:55Z 2019-08 Brief http://documents.worldbank.org/curated/en/381971566454108303/EITI-as-an-Instrument-of-Fiscal-Transparency-and-Accountability-in-Contexts-of-Fragility-and-Violence-A-Comparative-Case-Study-of-Afghanistan-and-Iraq-Part-One http://hdl.handle.net/10986/32325 English MENA Knowledge and Learning Quick Notes Series;No. 175 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Middle East and North Africa South Asia Afghanistan Iraq
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FISCAL POLICY
ACCOUNTABILITY
TRANSPARENCY
GOVERNANCE
REVENUE ALLOCATION
BUDGET ALLOCATION
PUBLIC EXPENDITURE
OVERSIGHT
EXTRACTIVE INDUSTRIES
spellingShingle FISCAL POLICY
ACCOUNTABILITY
TRANSPARENCY
GOVERNANCE
REVENUE ALLOCATION
BUDGET ALLOCATION
PUBLIC EXPENDITURE
OVERSIGHT
EXTRACTIVE INDUSTRIES
Cuvillier, Emmanuel
Kannan, Sridar Padmanabhan
EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)
geographic_facet Middle East and North Africa
South Asia
Afghanistan
Iraq
relation MENA Knowledge and Learning Quick Notes Series;No. 175
description Fiscal transparency is a vital requirement for effective fiscal policymaking. Budgets, including their underlying fiscal forecasts, must provide a clear statement of the government’s budgetary objectives and policy intentions. Credible budgets also require comprehensive, timely, and reliable data about the evolution of public finances, which enables sound financial projections. The extractive industries transparency initiative (EITI) is a global standard for enhancing transparency and accountability in the governance of oil, gas, and mineral resources (that is, the extractive industries). It requires periodic public disclosures of information about a country’s extractive industries. EITI also requires disclosure of financial data relating to extractive industries, such as reconciled figures of company payments and government revenues; revenue allocations and transfers; data on sector exports; and quantitative information about the contribution of the sector to the economy. Analyses of data disclosed through EITI, especially in countries dependent upon extractive industries, often enables the identification and delivery of key measures to strengthen fiscal accountability.
format Brief
author Cuvillier, Emmanuel
Kannan, Sridar Padmanabhan
author_facet Cuvillier, Emmanuel
Kannan, Sridar Padmanabhan
author_sort Cuvillier, Emmanuel
title EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)
title_short EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)
title_full EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)
title_fullStr EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)
title_full_unstemmed EITI as an Instrument of Fiscal Transparency and Accountability in Contexts of Fragility and Violence : A Comparative Case Study of Afghanistan and Iraq (Part 1)
title_sort eiti as an instrument of fiscal transparency and accountability in contexts of fragility and violence : a comparative case study of afghanistan and iraq (part 1)
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/381971566454108303/EITI-as-an-Instrument-of-Fiscal-Transparency-and-Accountability-in-Contexts-of-Fragility-and-Violence-A-Comparative-Case-Study-of-Afghanistan-and-Iraq-Part-One
http://hdl.handle.net/10986/32325
_version_ 1764476300867665920