GIZ Book Sprint on Good Financial Governance in the Extractive Sector

GIZ (Germany’s agency for international development cooperation) has been doing extensive work on good financial governance as well as on improving governance in the extractive sector, but consolidating these two areas is still to be done. Ten experts from the GIZ and consultants came together this week in a Book Sprint to map the work being done in intersection of these two areas and to identify new directions going forward.

GIZ Akademie in Bad Honnef in the springtime

Starting on Monday, the participants met at the GIZ Akademie in Bad Honnef, with the river Rhine flowing by just behind the building, plenty of rabbits on the lawn, and the rhododendron in full bloom! Spring rains kept the group inside on the first day and concentrated on the issues their partner countries with extractive industries face in tax administration, budget planning, and regulatory frameworks, among others.

Discussing good strategies for budget planning