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Sierra Leone has achieved a high overall score in implementing the 2019 EITI Standard (87.5 points). The overall score reflects an average of the three component scores on Stakeholder engagement, Transparency, and Outcomes and impact.
Earlier today, President, Julius Maada Bio received Sierra Leone’s Extractive Industries Transparency Initiative (IETI), validation report at State House, Freetown.
The validation assessment found that Sierra Leone has exceeded three EITI Requirements, fully met 16, Mostly met 6 and partly met 1 requirement. Six EITI requirements are not applicable. Sierra Leone was also awarded two additional points on the Effectiveness and sustainability indicators.
The report further notes that implementation has revitalized since the previous Validation in 2018. This was attributed to strong government commitment and leadership led by H.E President Bio in transforming natural resource governance.
Countries undergoing Validation receive a score based on the assessment of three components “Transparency”, “Stakeholder engagement” and “Outcomes and impact” – each receive a score out of 100. The overall score represents an average of the component scores.
Check out the scorecard below:
