Asian Development Bank Launches Transparency Policy Review

1 August 2003


The Asian Development Bank Aug. 8 officially kicked off its disclosure policy review by asking for public comments on the current policies.

Anticipating a year-long process, the ADB has established a web site (http://www.adb.org/Disclosure/default.asp). It provides links to relevant background documents, the review timeline, and contact information for sending comments and asking questions about the review.

The Bank said it will accept comments until Nov. 15, and aim to publish a draft policy in December. The draft will be the subject of consultation meetings in selected countries with that stage to end in February. A final working paper will be posted in March and submitted to the Board of Directors for discussion.

The Bank is hoping to approve a new policy by June 2004, with a staff awareness campaign to follow.

by Toby McIntosh

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Filed under: IFTI Watch

ABOUT IFTI WATCH

In this column, Washington, D.C.-based journalist Toby J. McIntosh reports on the latest developments in information disclosure in International Financial and Trade Institutions (IFTI).
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