This will allow the PNGEITI to easily carry out its role by collecting revenue data on how much revenue is paid to the state.
PNGEITI Head of National Secretariat, Lucas Alkan, said amendments to the Income Tax Act gives them access to resource extraction companies’ revenue from the IRC.
Previously the PNGEITI needed to have signed waiver forms from companies allowing them access to the information.
Alkan says many of the challenges in obtaining revenue data from the extractive sector remain, however, they are slowly making inroads.