September 5, 2022 | By Colin O. Jarrett |
The Inter-American Development Bank (IADB) has launched a public consultation process to obtain what it termed robust feedback, from all interested parties over its proposal to adopt a new Access to Information Policy.
The Washington-based financial institution said the new policy is aimed at increasing transparency, enhance corporate governance and improve accountability.
The public consultation comes as the IADB, whose transparency standards already rank among the highest of any international financial institution, aims to increase transparency and trust…not just at the bank, but also across the entire Latin America and the Caribbean.
The Bank said its research has shown that trust and transparency are vital to economic development and the IADB aims to lead the region by example, showing that the Bank itself is committed to adhering to the highest standards of transparency and accountability.