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2014-2018 - Governance Strategic Direction and Action Plan(GAP II) - Draft Report for External Consultation
Governance can be defined as a set of processes, policies, laws, behaviours, and institutions that affect the manner in which power is exercised in the management of a country’s economic, financial and social resources. The principles of good governance according to the Bank include accountability, transparency, participation, combating corruption, and an enabling legal and judicial framework. In the light of these principles, the Bank prepared its first Governance Strategic Directions and Action Plan (GAP I) in 2008 to support good governance in its Regional Member Countries (RMCs).