Reforming data collection for improved governance
Extractive revenue reaches record high of USD 1.3 billion.
Iraq’s oil production up whilst revenue goes down.
State-owned companies retain 49% of revenues according to first MEITI report
Petroleum Fund provides cushion as oil revenues and production drop
The Government received a record USD 2 billion in 2014, despite falling commodity prices
Despite lower revenues the second PH-EITI Report blazes new trails in monitoring and reform of mining revenues.
Payments from extractive companies reaches USD 1 billion for the first time in 2014.