South Korea proposes a bill to improve ODA transparency
The Foreign Affairs and Unification Committee of South Korea’s National Assembly proposed a bill to enhance South Korea’s official development assistance (ODA) transparency. The measure follows the Korea International Cooperation Agency (KOICA) being rated ‘poor’ for 6 consecutive years in the Aid Transparency Index, published annually by Publish What You Fund.
The bill includes a requirement for a fact-finding survey on the implementation history and status of international development agencies and compels non-governmental agencies (NGOs) to systematically release information about ODA. Currently, NGOs and private development agencies are not obligated to release information about ODA.