PM Wale signals stronger mining reforms and governance to ensure fair benefits and sustainable economic growth
PRIME Minister Hon. Matthew Cooper Wale has signalled that the Government will take a more decisive and structured policy approach in the mining sector.
The Prime Minister made the statement during a courtesy meeting with the World Bank Resident Representative, Mr. Bernard Harborne, at the Office of the Prime Minister today.
Prime Minister Wale noted that targeted reforms will be pursued to strengthen governance within the mining sector, particularly in areas where existing arrangements have not delivered the desired outcomes.
“The Government is committed to ensuring that the mining sector operates under clear, accountable and effective governance frameworks that deliver greater benefits to our people,” he said.
The Prime Minister also raised concerns regarding high tariffs imposed by some companies operating in the country, emphasising the need for fairer and more sustainable pricing structures.
“I have engaged directly with some of these companies to address these concerns and to work towards practical solutions,” he added.
Mr. Harborne acknowledged the Government’s policy direction and welcomed the focus on strengthening governance and addressing key economic challenges.
He also briefed the Prime Minister on ongoing World Bank-supported initiatives, including support to the energy sector, recovery efforts following Cyclone Maila, and progress on the Tina Hydro Project.
Mr. Harborne further conveyed his congratulations to Prime Minister Wale on his recent election.
In response, Prime Minister Wale underscored the importance of a stronger and more coordinated partnership between the World Bank and the Government to support national development priorities.
PRESS RELEASE
