Dominican Republic 2020 workplan
This is the work plan of Dominican Republic for the year 2020.
The Dominican Republic continues to be one of the best performing countries in Latin America in economic terms, with an average GDP growth of around 6.3% in the period of 2014-2018. Growth in 2018 was 7 percent.
The extractive sector contributed 4.5% and 4.2% of total GDP in 2017 and 2018. During the last eight years, the contribution of the extractive sector to the economy has grown from 0.7% to 4.2% in real terms. However, the sector contributed 3.52% of fiscal revenues in 2017 and 1.9% in 2018. Extractive exports represented 39.9% of total exports in 2017 and 37.9% in 2018. The main two commodities are gold and ferronickel. There are two large mining operations in the country, Pueblo Viejo, the country’s largest gold mine and Falcondo. Hydrocarbon exploration is promoted. 19,000 km of 2D geological information is publicly available at the National Hydrocarbons Data Base. The first bidding round was concluded in November 2019.
The EITI is part of the government’s transparency framework in its effort to develop the extractive resources.
A number of civil society organizations oppose the expansion of the extractives after the legacy of environmental and social erosion of historical mining exploitation.
The Constitution establishes natural resources are national patrimony and their exploitation should follow the applicable legal dispositions (Chapter IV). The Ministry of Energy and Mines, created in 2013, is the entity responsible to administrate and formulate the national mining and energy policy according to the regulations.
The Ministry of Energy and Mines is subjected to the dispositions of the Free Access to Public Information Law, among other regulation that guarantee operations under the principles of transparency. It is accountable to the Chamber of Accounts and to the Office of the General Comptroller.
License holders are mandated to make fiscal contributions such as:
Learn more in the Dominican Republic EITI webportal.
As of March 2018, the Ministry of Energy and Mines has proposed a national mining bill. The text is available here.
The General Directorate of Mining (DGM), attached to the Ministry of Energy and Mines, is responsible for managing the mining cadaster, registry and for monitoring mining licenses applications. More information on awarded licenses is available here. Citizens can consult maps of concessions at the DGM's website. Resolutions granting mining titles since 2014 are publically available at the Ministry of Energy and Mines' website.
Mining contracts are explained and disclosed in the Dominican Republic EITI webportal, including the special contracts signed for the Pueblo Viejo and Presa de Cola Las Lagunas projects.
The Dominican Republic EITI webportal describes the state participation through the Dominican State owned-enterprises corporation (CORDE for its acronysm in Spanish).
CORDE's mining concession are available here.
The largest CORDE's mining asset is its 9.98% participation in Falconbridge Dominicana S.A. as illustrated in the following picture:
The Dominican Republic EITI webportal describes:
EITI transparency is good for countries, good for governments, and good for companies because it gives guarantees that ensure the sector is being managed under a global standard.
Extractive sector in Dominican Republic is focused in mining with the main minerals being gold, silver, nickel and bauxite.
To view production by commodity, volume and value, visit the visualization tool in the Dominican Republic EITI webportal.
To view exports by commodity, volume and value, visit the visualization tool in the Dominican Republic EITI webportal.
Development of the hydrocarbon sector is high in the government’s agenda. The first National Hydrocarbons Data Base, available in open source, contains 19 000 kms of geological information.
Initializing chart.
Initializing chart.
Data provided by the Central Bank of the Dominican Republic
The Dominican Republic was admitted as an EITI Candidate country on 23 February 2016 at the 32nd EITI Board Meeting in Lima. The country implements the EITI as per the agreed work plan 2020.
On December 2019, the Dominican Republic published its third EITI Report via the EITI-RD portal including the reconciliation of payments and revenues conducted by Deloitte.
The Dominican multi-stakeholder group is preceded by the Minister of Energy and Mines, Antonio Isa Conde. As per the country's Candidature application, the Multi-stakeholder Group (MSG) agreed the national EITI principles and approved their own Terms of Reference. The MSG was established by the Decree 248-16 and functions as per the structure below.
EITI Champion: Minister of Energy and Mines
Deputy EITI Champion: Deputy Minister of Hydrocarbons
Government representatives
Industry Representatives
Civil Society
The EITI Dominican Republic, as per Decree 248-16, has a national Technical Secretariat and a Technical Committee that provide support and advise to the MSG.
On 14 February 2020, the EITI Board agreed that Dominican Republic has made meaningful progress overall in implementing the 2016 EITI Standard.
The Board has determined that the Dominican Republic will have 6 months, i.e. until 14 August 2020 before a second Validation to carry out corrective actions regarding the requirements relating to production data (3.2), subnational transfers (5.2) and the outcomes and impact of EITI implementation (7.4).
Documentation: Draft and final assessments
This is the work plan of Dominican Republic for the year 2020.
On 14 February 2020, Dominican Republic was found to have made meaningful progress in implementing the 2016 EITI Standard. See Board decision here
Timeline of Validation and related materials1 January 2019: Validation commenced7-13 March 2019: Country visit Initial data collection and stakeholder consultations2 May 2019 - Report on Initial data collection and stakeholder consultation [English Spanish]15 February 2019 - Questions for stakeholder consult
The following report covers the fiscal years of 2017 and 2018 for the extractive industries of Dominican Republic
This document includes the reconciliation exercise for year 2016 in Dominican Republic. It is complemented by the contextual information included in the Dominican Republic EITI Portal
Attached below is the Dominican Republic's roadmap on how it intends to disclose the beneficial owners of the companies active in the extractives sector by 2020 (requirement 2.5
More information on beneficial ownership can be found at eiti.org/beneficial-ownership
Attached below is the Dominican Republic's open data policy, published in December 2016.
Every EITI country must agree a clear policy on the access, release and re-use of EITI data (requirement 7.1.b of the EITI Standard