THE EITI BOARD says it took the decision on September 4, 2018 to suspend Liberia for not having published the EITI report for the fiscal period ending June 2016 within the 1 July 2018 deadline. The decision followed a request by the Government of Liberia to extend the reporting deadline, set by the EITI Standard. THE END RESULT, millions of dollars in debts were waived for Liberia, international stakeholders and donors came in the droves to aid Liberia’s post-war recovery. Liberia’s LEITI Act states that only the LEITI Multi-stakeholder Steering Group (MSG) can appoint or remove the Head of Secretariat[i]. LEITI HAS BEEN instrumental to Liberia’s post-war resurgence and could play an even bigger role in the country’s democratic transition.

Source: Front Page Africa September 11, 2018 00:11 UTC