ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2020-06-06  |  UPDATED: 1399/03/17 - 00:41:2 FA | AR | EN
Worldwide coronavirus cases cross 6.68mn mark            íWho needs public services when we can have a boat most of us will never see?í Critic asks            Some acts of violence in DR Congo may amount to war crimes: UN            George Floyd protests: UK raises police treatment of British journalists with Trump administration            Leaving Iran deal a ídumb betí; up to you when to fix it: Zarif to Trump            Iran censures Franceís Ďinterventionistí attitude on jailed academic             Ex-Joint Chiefs chairman: Trumpís threat to use military on protesters ívery dangerousí            Brexit free trade talks yield Ďno significant progressí as deadline nears            Face coverings must be worn on public transport from 15 June, government has announced            Black Lives Matter protesters take knee on Trafalgar Square            North Korea censures foreign interference in Chinaís internal affairs            US blames other nations for its own high crimes            US unemployment rate likely shot up to almost 20% in May            Trump, distracted at Lafayette Square, briefly clashes with riot police            Iranian cargo vessel carrying construction materials sinks off Iraqi coast            


DATE PUBLISHED: 2014/9/17 - 01:15:22
VISIT: 1132
SHARE WITH YOUR FRIENDS

Afghan Energy Watchdog Reports Steep Drop in Extraction Revenues
Afghan Energy Watchdog Reports Steep Drop in Extraction Revenues

The Afghan Extractive Industries Transparency Initiative (AEITI) has released a report arguing that the revenues from Afghanistan's resource extraction industries over the past five years have plummeted from 286 million AFS to three million AFS.

The AEITI report also suggests there have been major differences between the facts and figures regarding revenues reported by the Afghan government and those documented by independent organizations over the years.

"One of the main problems that we found and failed to settle is that one of Afghan companies in 2008 deposited seven million AFS into a government account as customs duty for importing equipments for mines extraction in Afghanistan, but there is no record in the company, the company has lost its record, but it is kept by the government," AEITI head Mirwais Sarah said, providing an example of the kind unstandardized systems and documentation that trouble the resource extraction industry in Afghanistan.

Officials at the Ministry of Finance (MoF), from which AEITI was created in 2009, have said that the lack of clear policy and protocol when it comes to mining, in particular, has caused major problems. "We still have no special or clear policy for mining; major companies invest, but we don't have a clear policy," Deputy Minister of Finance for Customs and Revenues Gul Maqsood Sabet said.

However, the Ministry of Mines and Petroleum (MoMP) has defended the transparency of the government's contracts system. "So far, all contracts - whether small or large - have been published and they have been available for all," Deputy Minister of Mines and Petroleum for Policy and Programs Mir Ahmad Jawed Sadat said.

AEITI officials have said the primary issues facing the Afghan resource extraction sector is the lack of standardized policy and protocol, accountability and transparency. They have argued these are the major causes for the differences in government-reported revenues and real revenues.

AEITI was originally established to ensure the transparency and monitoring of revenues collected from the mining sectors. They have published three reports, and the most recent one was put together in coordination with an Azerbaijani company known as Moor Stephens.

 

LINK: https://www.ansarpress.com/english/2450






*
*

*



SEE ALSO

íWho needs public services when we can have a boat most of us will never see?í Critic asks


US unemployment rate likely shot up to almost 20% in May


ECB chief: Eurozone economy in for unprecedented contraction this year


US trade deficit widens as exports hit 10-year low


About 2 million Americans filed for unemployment benefits last week


European markets edge lower ahead of ECB meeting


S Korea seeks arrest of Samsung heir in succession probe


Long lines as Iranian fuel arrives at Venezuelaís gasoline stations


Renault to cut down 15,000 jobs amid coronavirus outbreak


Inflation to decline by nearly 7% in Iran in late March 2021: Report





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

What non-essential premises must close?

Worldwide coronavirus cases cross 6.68mn mark

íWho needs public services when we can have a boat most of us will never see?í Critic asks

Some acts of violence in DR Congo may amount to war crimes: UN

George Floyd protests: UK raises police treatment of British journalists with Trump administration

Leaving Iran deal a ídumb betí; up to you when to fix it: Zarif to Trump

Iran censures Franceís Ďinterventionistí attitude on jailed academic

Ex-Joint Chiefs chairman: Trumpís threat to use military on protesters ívery dangerousí

Brexit free trade talks yield Ďno significant progressí as deadline nears

Face coverings must be worn on public transport from 15 June, government has announced

Black Lives Matter protesters take knee on Trafalgar Square

North Korea censures foreign interference in Chinaís internal affairs

US blames other nations for its own high crimes

US unemployment rate likely shot up to almost 20% in May

Trump, distracted at Lafayette Square, briefly clashes with riot police

Iranian cargo vessel carrying construction materials sinks off Iraqi coast

Libyan government forces retake Haftarís last stronghold in west

Washington mayor wants Trumpís out-of-state troops gone from US capital

MI5 dismisses Wuhan lab claims as Ďfake newsí

COVID-19: 915 New Cases Reported in Afghanistan

Handling of US street protests creates crisis for Pentagon boss

Guaido seeking refuge at French embassy in Caracas: Venezuela FM

Brazil coronavirus death toll surges to third-highest in world

Protests continue in US cities against police brutality, racism

Diego Costa fined for tax fraud, avoids prison time

Austrians hold massive anti-racism march

US records more than 1,000 virus deaths in 24 hours

Pompeo urges global stock exchanges to tighten rules for Chinese companies

Black Lives Matter protests in London condemn British racism as well as racism in the US

570 Doctors, Health Workers Infected with COVID-19 in Herat

Government accused of not standing up to Donald Trumpís trade negotiators

Black lawmaker slams Trump for threatening protestors

Kashmir has witnessed 3000 days of lockdown

Oakland artists use boarded-up windows for murals to show support

Turkish parliament strips status of two pro-Kurdish lawmakers, one MP from main opposition party

ECB chief: Eurozone economy in for unprecedented contraction this year

Health secretary blasted for ímisleadingí presentation of testing numbers

Aid workers warn more Yemeni women will die as UN cuts maternity funding

Russia delivers new batch of advanced MiG-29 fighter jets to Syria

PCS Union may call a ballot after MPs failed to keep distance from staff


MEDICAL NEWS


ANSAR PRESS ©  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. ›—ś‘ź«Ś «یš —š ی šŕŠ»šŌ«š