TIRANA, July 31, 2007-- The Management and the Inspection Panel of the World Bank wish to provide a clarification concerning some recent Albanian press reports on the Power Sector Generation and Restructuring project.
This project, which was approved by the World Bank’s Board of Executive Directors and the Government of Albania, is proceeding in accordance with the terms approved by the World Bank’s Board of Executive Directors. The World Bank has received no indication from the Government of Albania concerning a change in the site or the construction schedule.
The Inspection Panel is in the process of carrying out an independent investigation in response to the recent request made by a local non-governmental organization. The Inspection Panel makes findings regarding the World Bank’s compliance with its policies and procedures. At the end of the process, the World Bank’s Board will consider the Inspection Panel Investigation Report, as well as the Response and Action Plan submitted by Bank Management.
Following the Board’s deliberations and decision, these reports will be released and Management will work with Albanian authorities to implement the Action Plan to address the findings of the Inspection Panel.
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To learn more please visit:
The Inspection Panel
Management Response
Përgjigjia e Grupit të Menaxherëve
Development Topics - Energy
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