RDF Quarterly Impact Report
During the second quarter 2016, RDF systems supported low-income governments to record themselves US$ 9.2 million in government revenues. The result consisted of government revenues from mining, forestry and property tax to the governments of Sierra Leone, Liberia, Malawi, Ghana and Mali.
The impact result is improving, mainly due to increase in royalties recorded in Sierra Leone.
Total cumulative revenues recorded in RDF systems deployed in government institutions are now US$ 193.9 million.
All revenues for Sierra Leone, Liberia, Mali and Malawi are made public through the online repository portals. The Mali portal was launched by the Government of Mali in November, and the Government of Liberia launched their portal in December. The Online Repository portals has alltogether over 3,000 registered users, of which over 65% are mining companies and investors. A similar system will soon be launched in Ghana.
The goal of RDF is to help low-income governments mobilize over US$ 1 billion. The RDF Board will decide on a programme strategy for the period 2016-2020 in September.