2019 Philippines EITI report - Part 1 Contextual
The first chapter provides the contextual information about the Philippine extractive industry.
The Seventh PH-EITI Report covers data and information from fiscal year 2019 (and early 2020 for some components) and includes chapters on contextual information, reconciliation report, industry outlook, and a thematic report on the social development and management program fund. As deemed necessary by the MSG, important updates as of the time of completing this report were also included.
The first chapter provides the contextual information about the Philippine extractive industry.
The second chapter describes the reconciliation process performed on the tax and other payments made by large-scale mining (metallic and non-metallic), oil, gas, and coal companies for specific projects as well as collections disclosed by the national and local government for fiscal year 2019.
The third chapter looks at the historical and current trends on different aspects of the extractives industry and provides information on sector developments and industry outlook for 2020 and beyond.
The fourth and last chapter is an assessment of the Social Development and Management Program (SDMP) required of mining companies for the development of host communities, promotion of general welfare, and development of geosciences and mining technology.