The Inter-American Development Bank has taken another step toward making its aid information more accessible to the public.
The multilateral development bank has submitted a detailed plan on how it plans to fulfill the International Aid Transparency Initiative’s aid publication standard, global transparency campaign Publish What You Fund has said.
The IATI is an international, voluntary initiative that offers donors a streamlined means to publish aid information in an easy-to-use, comparable manner. IDB signed on to IATI in December 2011, joining fellow MDB Asian Development Bank, among other donors.
In its implementation schedule, IDB committed to start publishing some aid information in March 2013, with an eye on fully implementing the IATI standard by 2015. Initial information to be published by the bank will cover the sovereign loans and grants it disbursed in 2011.
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About the author
Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.
