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The African Development Bank Group Policy on Disclosure of Information - Into effect since October 2005
In December, 1997, the Boards of Directors approved a policy for Public Disclosure of Information which established the procedures and the types of information for disclosure in the absence of compelling reasons for confidentiality. The Bank Group’s Policy on Disclosure of Information became effective in 1998. The policy was based on the principle that the Bank Group should be open and transparent in its operations. The main lessons from the implementation of the 1997 policy is that many institutions, civil groups and individuals have come to understand, appreciate and get involved in the work of the Bank Group. There has also been increased demand for disclosure of Bank Group documents and information on its activities.