§ Mr. HunterTo ask the Secretary of State for International Development what technical support his Department plans to provide to(a) the Angolan Ministry of Finance, (b) Sonangol and (c) Endiama to help implement the Extractive Industries Transparency Initiative. [172081]
§ Hilary BennThe UK Government are active in promoting greater transparency in revenue management in oil, gas and mining through the Extractive Industries Transparency Initiative (EITI).
DFID has provided an expert to participate in the World Bank's Public Expenditure Management and Financial Accountability Review (PEMFAR), which is to make recommendations on how Angola can adopt transparent, internationally accepted practices in oil revenue management. If Angola is committed to increasing the transparency of their oil revenue management, DFID stands ready to provide further help in implementing EITI in collaboration with the World Bank. DFID would expect implementation to include engagement with Civil Society and with all the oil and mining companies operating in Angola—including Sonangol.
238WGiven its size and growing importance we would expect the Government of Angola to initially focus on the oil sector, hopefully followed by the diamonds sector.