Question NW2244 to the Minister of Finance

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05 July 2022 - NW2244

Profile picture: Luthuli, Mr BN

Luthuli, Mr BN to ask the Minister of Finance

With regard to making New Development Bank (NDB) policies accessible in the context of the Information Disclosure Policy that requires the provision of translations into local languages, and noting that the NDB Project information has remained inaccessible and not located on the website, what measures and/or plans has his department taken to facilitate information disclosure in general, especially to affected communities?

Reply:

Information on projects funded by the New Development Bank are listed on the Bank’s website. The Honourable Member and members of the public are encouraged to visit the New Development Bank website to obtain information on the work of the Bank https://www.ndb.int/projects/list-of-all-projects/.

The originator of any project that is funded by the Bank has to ensure that consultation occurs with the relevant stakeholders.

The National Treasury, in general, strongly supports the disclosure policies of information to institutions and entities in which it is a shareholder and has done so with the NDB.

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