Global Task Force released a report detailing a new system to improve transparency in multinational corporations. Termed ‘country-by-country reporting’ the new system aims to disclose full details of multinational corporation’s commercial transactions and ensure ‘fair business practice’.
Publish What You Fund has sent its submission to the World Bank’s Consultation on its Approach Paper on Disclosure. The brief submission, sent on Friday 5th June, welcomes the ‘paradigm shift’ which has seen a greater emphasis on the transparency of aid but makes a further case for aid transparency. Publish What You Fund responded to the World Bank’s Disclosure Paper by encouraging the World Bank to join the International Aid Transparency Initiative (IATI) and to review its exemptions policy.
The full text of the submission can be viewed at:
Publish What You Fund Brief Submission to the Consultation on the World Bank Approach Paper on Disclosure
ONE is promoting aid transparency in its 2009 DATA Report. The Report emphasises the work of the International Aid Transparency Initiative and Publish What You Fund as “critical to the policy reform” needed to deliver effective aid and development spending.
Publish What You Fund
The Global Campaign for Aid Transparency
www.publishwhatyoufund.org
Publish What You Fund welcomes the IBP recommendations which follow the publication of the Open Budget Survey 2008.
