The World Bank has launched a comprehensive review of its disclosure policy. The Bank proposes to shift its approach to disclosure—from today’s policy, which spells out what information the Bank discloses (a “positive list”), to one under which the Bank would disclose any information in its possession that is not on a list of exceptions. The guiding principles and the key elements of the proposed policy were discussed in the Approach Paper, Toward Greater Transparency: Rethinking the World Bank's Disclosure Policy. You may download the full text and summary versions of the paper from this website. On March 12, we launched external consultations on the proposed policy changes, and solicited comments on the Approach Paper from a wide range of stakeholders. In addition to accepting comments online, the Bank held live public consultations in 33 member countries. The dates, locations, and summaries from these events are posted on the Summaries of Completed Consultations page. The consultation period closed on June 5. Based on the comments we received during the consultations, we have revised the Approach Paper, now titled Toward Greater Transparency Through Access to Information: The World Bank's Disclosure Policy.[Oct.16, 2009]. A summary of key issues raised during the consultations and how this paper responds to those questions has been posted. | |