Mongolia Validation 2018
On 13 February 2018 Mongolia was found to have made satisfactory progress on implementing the 2016 EITI Standard. See Board decision 2018-14/BM-39.
In the second Validation, the EITI International Secretariat has assessed the progress made in addressing the ten corrective actions established by the EITI Board following the first Validation.
- Oversight by the multi-stakeholder group (Requirement 1.4.b.vi & 1.4.b.iii);
- The disclosure of license allocation (requirement 2.2) and the register of licenses (requirement 2.3)
- State participation (requirement 2.6) and quasi-fiscal expenditures (requirement 6.2);
- Transactions related to state-owned enterprises (requirement 4.5);
- Data quality and assurance (requirement 4.5);
- Subnational transfers (requirement 5.2);
- Social expenditures by extractive companies (requirement 6.1); and
- The review the outcomes and impact of EITI implementation (requirement 7.4).
- Mongolia’s second Validation commenced on 11 January 2018.
- The EITI International Secretariat has assessed the progress made in addressing the eight corrective actions established by the EITI Board following Mongolia’s first Validation in 2016.
- The draft assessment was sent to the Multi-Stakeholder Working Group (MSWG) on 23 January 2018.
- The MSWG provided comments (here) that agreed with the draft assessment on 9 February 2018. The assessment was then finalised (here) for review by the Validation Committee.
Validation Committee Review
- On 30 January 2018, the Validation Committee sent a recommendation to the Board: Timor-Leste Second Validation, Board Paper 39-5-E.