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Governance: Sound Development Management
Reporting arrangementsTo monitor (and coordinate) the Bank’s efforts with respect to governance issues in DMCs, departments and offices concerned would be requested to provide SPO and OGC (in respect of legal frameworks and legal issues of relevance to other areas of action) with periodic reports on governance-related activities. SPO and OGC would then collate the information received, serve as the clearinghouse on best practice, and offer suggestions for further work. Two years after Board approval of the Bank’s operational policy on governance issues (i.e., in late-1997), a Board paper will be circulated, analyzing the Bank’s experience with governance activities, proposing modifications to the operational approach as necessary, and indicating more specific budgetary and other resource implications.
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