Source · Select Committees · International Development Committee
Recommendation 21
21
Accepted
Paragraph: 115
Mandate BII to annually publish comprehensive investment performance data for greater transparency.
Recommendation
BII needs to work towards greater transparency of its investment data. As BII has stewardship over taxpayers’ money, there is greater responsibility to ensure propriety over its investments by annually publishing performance data. We welcome BII’s steps towards improving its transparency by creating a new role for a Transparency and Disclosures Officer. We note however that there is scope for considerable improvement in BII becoming a more transparent institution.
Government response summary AI-generated
The government accepts the recommendation, setting a goal for BII to rank as the most transparent bilateral DFI. BII will publish a Transparency Roadmap outlining its ambition and specific short-term milestones.
Paragraph Reference:
115
Government Response
The government responded to this report on 7 December 2023. No passage in that response could be matched to this conclusion. Read the response document ↗