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IFTI WATCH ARCHIVE - WORLD BANK

16 MAY 2008
Canadian Government Reports on IFI Activity Get Good Grade

The Canadian government's annual reporting on its activities at international financial institutions is getting better, according to the authors, and to a Canadian civil society group which recently gave the latest report its best grade ever. More >>


30 JANUARY 2008
World Bank Details Disclosure Plan for Fraud, Corruption Reports
The World Bank in late January said it will disclose redacted reports on its fraud and corruption investigations, but not the resulting "action plans." More >>


18 JANUARY 2008
Zoellick Orders Release of World Bank Report on Corruption in India Projects
World Bank President Robert Zoellick ordered the disclosure recently of a World Bank investigation showing “serious incidents” of fraud and corruption in five Bank projects in India. More >>


12 DECEMBER 2007
World Bank Grants Access to Database on Loan Conditionality
The World Bank has granted researchers access to an internal database used to track the conditions placed on Bank loans, an action that bodes well for similar transparency requests. More >>


20 SEPTEMBER 2007
Volcker Report Urges More Transparency at World Bank

The new "Volcker Report," critiquing the World Bank's internal investigations unit, makes several recommendations in favor of greater transparency. More >>


28 AUGUST 2007
World Bank Issues Implementation Plan for Anticorruption Strategy
The World Bank has released its long-awaited "implementation plan" for its governance and anticorruption strategy, a document much shorter and less specific that the guiding Bank "strategy" set in March. More >>


12 APRIL 2007
World Bank Hires Washington Law Firm to Probe Leaks
Almost 10 weeks after announcing plans to investigate leaks of internal documents to Fox News, the World Bank has hired a Washington, D.C., law firm to conduct the probe, according to an announcement made internally April 9. More >>


15 MARCH 2007
World Bank Seeking Outside Counsel to Conduct Leak Probe
The World Bank has decided to seek outside help to track down who leaked minutes of a January 2007 board meeting to Fox News, a senior World Bank official has told freedominfo.org. More >>


15 MARCH 2007
World Bank Developing Country-by-Country Database on Access Laws
The World Bank is well on its way to developing a country-by-country database "on various transparency and accountability institutions in developing countries," freedominfo.org has learned. More >>


9 FEBRUARY 2007
Wolfowitz Launches Probe Into Leak of Board Meeting Minutes
World Bank President Paul Wolfowitz has launched an internal investigation into who provided Fox News with the "raw" minutes of a World Bank board meeting in January, a document that transparency advocates say should routinely be made public. More >>


13 NOVEMBER 2006
World Bank Anticorruption Strategy May Spark Changes in Disclosure Policy
Adoption of a new anticorruption strategy at the World Bank may lead to changes in the Bank's disclosure policy. The broad suggestions of such changes must still be converted into specific proposals, however--a process that has only just begun. More >>


22 SEPTEMBER 2006
World Bank Disclosure Polices Change Slowly
Notwithstanding periodic reviews and modest advances, the World Bank's disclosure policies continue to shield many important documents from disclosure. More >>


4 AUGUST 2006
World Bank Continues Work on Anticorruption Strategy
Liberally sprinkled with references to "transparency," the latest internal World Bank draft anticorruption strategy appears to follow through on President Paul Wolfowitz's pledge to increase investment in the areas of media and freedom of information. More >>


13 APRIL 2006
Wolfowitz Stresses "Media and FOI" as Anticorruption Tools
World Bank President Paul Wolfowitz on April 11 put "the media and freedom of information" at the heart of his anti-corruption agenda, raising intriguing, if yet unanswered, questions about the specifics of his plans. More >>


22 MARCH 2006
Freedom of Information Laws Added to the Development Agenda
Riding a wave of transparency, the idea of encouraging Freedom of Information (FOI) laws as part of the development agenda is gaining currency, but slowly. More >>


22 MARCH 2006
Overview: More IFIs Planning to Revise Their Disclosure Policies
IFC Makes Changes Affecting Disclosure
The new IFC environmental and social standards for use in evaluating potential projects are replete with provisions that affect transparency. More >>


20 JANUARY 2006
New Steps Toward IFI Transparency: The Use of Domestic Remedies
Mexico established a landmark precedent for the application of national freedom of information laws to the activities of international institutions when its Information Commission on Nov. 16, 2005 ordered the disclosure of documents related to a $108 million World Bank loan to the state of Guanajuato, México. More >>


16 NOVEMBER 2005
IFC, EIB, IIC Make Few Concessions on Disclosure About Private Sector Projects
Three of the major international lenders with a mandate to finance private sector projects with public interest benefits are making few concessions to transparency. More >>


14 SEPTEMBER 2005
Documents Spur Public Debate about World Bank Involvement in Awarding Contract for Delhi Water Deal
World Bank and Indian Anti-corruption Group Trade Charges about Bidding Process

Documents released recently under Delhi's freedom of information law raised a major public controversy over World Bank involvement in contract bidding and fueled a public debate over possible privatization of the Delhi water system. More >>


9 AUGUST 2005
Pakistan Newspaper Reports on Nonpublic World Bank Document
A newspaper in Pakistan has written about a nonpublic World Bank report evaluating ten years of World Bank activities in Pakistan and shedding light on the process of preparing such major evaluations. More >>


18 MARCH 2005
World Bank to Release Board Minutes, Make Other Modest Reforms
The World Bank Board of Executive Directors on March 8 approved the release of its minutes, but pulled back substantially from several other disclosure reforms that have been under discussion for months. More >>


21 DECEMBER 2004
World Bank Pulling Back on Transparency Pilot Project
The World Bank's board of executive directors is resisting pro-transparency reforms recommended by Bank president James Wolfensohn, cutting back particularly on his proposals to experiment with the release of "draft" materials. More >>


21 DECEMBER 2004
IFC Reformulates Draft Disclosure Policy, Slightly
The International Finance Corporation, having previously described its proposals for disclosure of information in a "concept paper" has now reformulated its thinking in a "working draft." More >>


21 DECEMBER 2004
IFC Provides freedominfo.org With Draft Confidentiality Agreement
The World Bank's private lending arm, the International Finance Corporation, uses confidentiality agreements with its clients to protect business information from disclosure, but treats such information as confidential with or without such agreements, according to an IFC explanation provided to freedominfo.org. More >>


30 SEPTEMBER 2004
Parliamentarians Seek Larger Role in IFI Decision-Making
Parliamentarians around the world are intensifying their request to be "systematically involved in formulating and monitoring development policies related to IMF and World Bank operations within their own countries." More >>


30 SEPTEMBER 2004
Activists Criticize IFC Consultations; IFC Expands Consultations
The International Finance Corporation has increased the number of consultations it will hold on proposed disclosure and safeguard policy revisions after the outreach process came under criticism by activists as inadequate and rushed. More >>


30 SEPTEMBER 2004
MIGA Intends to Review Disclosure Policies After IFC Finishes
The World Bank's insurance branch, the Multilateral Investment Guarantee Agency, is planning to review its own disclosure policies, probably beginning early next year. More >>


7 SEPTEMBER 2004
IFC Issues Broad Guidelines for New Disclosure Policy
The International Finance Corporation, the World Bank's private sector lending arm, has issued a "concept paper" on disclosure policy, outlining "principles," "objectives," and "frameworks," but providing few specifics and making few changes in current policies. More >>


6 AUGUST 2004
World Bank Backs More Transparency for Oil Revenues
While deciding to continue investing in oil, gas and mining ventures, against the advice of an internal report, the World Bank Board of Directors Aug. 3 said it would insist on greater transparency about the revenues from such projects. More >>


6 AUGUST 2004
IFC Discusses "Concept Paper" on Disclosure Policy
The International Finance Corporation, having announced plans to review its six-year-old disclosure policy, appears to be starting with a very general statement of concepts likely to disappoint transparency advocates. More >>


21 JULY 2004
Four MDB's Fail to Protect Whistleblowers, Group Finds
The protection of whistleblowers at four major multilateral development banks is deficient, according to a report by The Government Accounting Project. More >>


28 MAY 2004
World Bank Board Poised for Breakthrough on Disclosing Draft Documents
The World Bank Executive Board is poised to consider three significant improvements in its disclosure policy, including the experimental release of certain key staff documents at the same time they are sent to the board. More >>


10 MARCH 2004
World Bank Staff Backs More Disclosure by Extractive Industries
The World Bank Group should begin requiring that extractive industries receiving Bank loans disclose what payments they make to governments, according to an internal Bank document obtained by freedominfo.org. More >>


24 FEBRUARY 2004
Parliamentarians Flex Growing Organization, Make Request of Bank
The chairman of an international group of parliamentarians has asked the World Bank to help assure a larger role for legislatures in setting the poverty-fighting strategies within their countries. More >>


10 FEBRUARY 2004
World Bank Board to Meet in March on Disclosure Policy
The World Bank Executive Board will return to the topic of disclosure policy at a meeting in March 2004, to again address whether to disclose more draft documents and board minutes. More >>

10 FEBRUARY 2004
World Bank Divided on Disclosure of Country Performance Ratings
The World Bank is considering making a small step toward disclosing more information about its "country performance ratings" for the 81 poorest borrowing countries, but a minority of executive directors appears to have successfully resisted full disclosure. More >>


10 FEBRUARY 2004
IFC Announces Disclosure Policy Review, Seeks Comments
The International Finance Corporation, the private sector lending wing of the World Bank, said in mid-January that it would accept comments on its current disclosure policy until March 12. More >>


10 FEBRUARY 2004
IFC Rejects Request to Translate Document into Hindi
The International Finance Corporation recently rejected a request by an Indian group to translate an environmental report about a hydropower project into the local language, Hindi. More >>


JULY 2003
World Bank Disclosure Report Makes Recommendations for Change
The World Bank has encountered some difficulties implementing its disclosure policy, according to a Bank progress report published June 6, but overall the experience has been "generally good." More >>


JULY 2003
World Bank Reviews Disclosure Policy, Postpones Action on U.S. Reform Ideas
The World Bank's Executive Board has asked its staff to examine several transparency issues raised by the United States and other members, including the possibility of releasing draft documents prior to board discussions and disclosure of board minutes, according to informed sources. More >>


MAY 2003
World Bank Report Urges Disclosure of Oil Revenues
Multinational corporations should be required to disclose more about payments they make to countries for extracting natural resources, according to a new World Bank report. More >>


11 APRIL 2003
World Bank Plans to Expand Publicity About Competitive Bidding Opportunities
The World Bank is moving toward a new policy that will at least double the number of contract bidding opportunities publicized internationally, according to bank officials and business sector observers. More >>


31 JANUARY 2003
World Bank Denies Access to Documents on Laos Dam Project
The World Bank has rejected requests to disclose several key documents concerning the controversial $1.1 billion Nam Theun 2 hydropower project in Laos. More >>


JANUARY 2003
Release of Secret Loan Document in Uruguay Fuels Public Debate
The leak of a usually secret document describing the terms of a recent World Bank loan to Uruguay has stoked public anger at conditions attached to the loan, according to activists and journalists there. The release also showed how much crucial information was being withheld from the public. More >>


DECEMBER 2002
Lack of Transparency a Major Controversy in Cambodian Logging Dispute
About 40 villagers from several provinces vowed to sleep on the sidewalk in front of the World Bank Monday until they received copies of logging plans for the areas in which they lived. More >>


22 NOVEMBER 2002
Ugandan Judge Orders Release of Key Document on Bujagali Dam
Relying on the open government clause of the Ugandan constitution, a top Ugandan judge Nov. 12 ordered the release of a key document about a controversial dam project that the Ugandan government and the World Bank declined to disclose. More >>


NOVEMBER 2002
Environmental Group Analysis PPA
The International Rivers Network (IRN) commissioned the Prayas Energy Group, a policy analysis organization based in Pune, India, to review the PPA. More >>


17 OCTOBER 2002
Top World Bank Official Supports More Disclosure of Oil Revenue Payments
Oil, gas and mineral companies should fully disclose their payments to governments of developing nations, the head of the World Bank's private sector lending arm said recently, adding another voice to a steadily growing campaign for such disclosures. More >>


OCTOBER 2002
Disclosure or Deception?
Multilateral Development Banks and Access to Information

Multilateral institutions such as the Asian Development Band (ADB) and the World Bank pride themselves on their information disclosure policies. Especially since the Asian economic crisis, they have held their policies up as evidence of their commitment to transparency, accountability and participation. More >>


SEPTEMBER 2002
Analysis of Transparency Issues at the World Bank
Despite changes made in the World Bank's disclosure policies, more transparency is still possible. A summary of current transparency issues. More >>


26 JULY 2002
Ugandan High Court to Consider Releasing Key Document on Dam Project
The Ugandan High Court will listen to arguments Aug. 22 to decide whether a contract document for the proposed Bujagali Dam should be released to the public. More >>


JUNE 2002
World Bank Begins Pilot Programs on Disclosure
Some 20 countries are about to embark on pilot programs with the World Bank in which they will disclose and disseminate more information than they have in the past - that is, more than what Bank policy currently requires. More >>


JUNE 2002
Angola Oil Revenues: A Hidden Report
It doesn't look as though the World Bank will be releasing a $2-million "diagnostic" study by the KPMG accounting firm about where Angolan oil revenues have gone. The Bank shouldered 30 percent of the cost of the report, but it says the study is an Angolan government document, which means that disclosure of the findings is all up to authorities in Luanda. More >>


JUNE 2002
NGO Reveals What Documents Governments Could Release
The Bank Information Center, a Washington-based NGO, is attempting to monitor compliance with the World Bank's new disclosure policy. More >>

 

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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).
Contact: tmcintosh@bna.com or
1-(202) 452-4498

IFTI WATCH ARCHIVE

Chronological:
2007 | 2006 | 2005 | 2004 | 2003 | 2002

By Institution:
African Development Bank
Asian Development Bank
European Bank for Reconstruction and Development
European Investment Bank
International Monetary Fund
Inter-American Development Bank
United Nations
World Bank
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General IFTI Topics

USEFUL LINKS

IFI Transparency Resource
A tool for comparing IFI transparency standards

Global Transparency Initiative
Accountability and International Financial Institutions - Deepening transparency and opening political space

 

 

 

 

 

 

 



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