The Philippine Extractive Industry Transparency Initiative (PH-EITI) submitted its second report to the EITI International Board in December 2015 which covered receipts from mining, oil and gas in 2013. The EITI is a global best practice which requires member countries to disclose what the public sector gets from mining, oil and gas vis-à-vis what the private sector pays in terms of taxes, royalties, fees and charges – including mandatory social and environmental expenditures. >>read complete document
