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The African Development Bank (AfDB) has been ranked 4th in the Aid Transparency Index (ATI -2018), out of a total of 45 development organizations, thus gaining six places over 2016.
The ADB said in a statement, published Wednesday, July 4 on its website, that "this ranking rewards the improvement of the operational capabilities of the Bank and the efficiency of its systems and processes"
"The Bank meets quality requirements in the preparation of its reports, and observes the rules of disclosure of its programs, projects, aid and financial interventions," reads the statement.
Published by Publish What You Fund, the ITA is the only independent assessment of aid transparency in major aid and development agencies. The index requires a rapid, accurate, complete and proactive publication of all forms of aid and related development activities.
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