Business
World Bank Finalises Info Policy Access
The World Bank has finalised its access in information policy, which makes the bank a transparency leader among international institutions.
The policy was approved by the Board of Executive Directors, last month, and will become effective by July 1, 2010.
The final text of the policy paper reflects the comments and requests for clarification sought by the board during the last month discussion. “With the adoption of a progressive disclosure policy, the World Bank has set the standard for which the other international finance institutions (IFIs) should strive as they review their respective information disclosure policies. While we applaud the banks it is important to remember that implementation is key,” said Chad Dobson, Executive Director, (BIC), the Bank Information Centre.
BIC is an Independent Civil Society Organisation that was involved in consultation on the policy. The new policy represents a fundamental shift in the bank’s approach to disclosure of information. “The bank takes access to information very seriously.
This new policy means that information will be as accessible as possible.
The public will no longer have to specifically request information. “We will make public as much materials as possible through our website and country information centres, provide as much as possible automatically, and leave as little as possible indiscretion,” said Peter Harrold, Director, Operations Policy and Country Services (OPSCS).
The bank will now be making much more information available on key decision made during project development and implementation. These include decisions of projects concept review meetings, project supervision missions and mid-term project reviews. “This enhanced transparency and accountability will allow for greater scrutiny of bank supported projects, thereby-enabling better development results. In addition, the Access to information policy will make information more accessible to the general public, providing an opportunity to better monitor the use of public funds,” said Jeff Cintman, vice president OPCS. The policy seeks to strike the right balance between maximum access to information and respect for the confidentiality of information pertaining to its clients, shareholders employees, and other parties.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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