Overview

At-a-Glance

Action Plan: South Korea Third National Action Plan 2016-2018

Action Plan Cycle: 2016

Status:

Institutions

Lead Institution: Office for Government Policy Coordination (Export-Import Bank of Korea)

Support Institution(s): Ministry of Foreign Affairs / Development Policy Division; Ministry of Strategy and Finance / International Financial Cooperation Division

Policy Areas

Aid, Fiscal Openness, Publication of Budget/Fiscal Information

IRM Review

IRM Report: Republic of Korea End-of-Term Report 2016–2018, Republic of Korea Mid-Term Report 2016-2018

Early Results: Marginal

Design i

Verifiable: No

Relevant to OGP Values: Yes

Ambition (see definition): Low

Implementation i

Completion:

Description

Disclosing information on international aids; Commitment Start and End Date: New / 1 July 2016 ~ 30 June 2018; Lead implementing Ministry, Department, Agency: Office for Government Policy Coordination (Export-Import Bank of Korea); Person responsible from implementing agency: Maeng, Jun-ho (Judge of Economic Policy Coordination Office); Title, Department: Office of Director General for Development and Cooperation Policy (EDCF Planning and Cooperation Department, EXIM Bank); Email: maeng@pmo.go.kr( jhjeong@koreaexim.go.kr); Phone: +82-44-200-2153(+82-2-3779-6608); Other actors involved: Government Ministries, Department/ Agency: Ministry of Foreign Affairs / Development Policy Division; Ministry of Strategy and Finance / International Financial Cooperation Division; Status quo or problem addressed by the commitment: In December 2015, Korea joined the International Aid Transparency Initiative (IATI), which operates activities for transparency improvement through disclosure of aid project information based on participation of donor countries, international organizations, and private sector institutions for development cooperation. The Korean government, therefore, should disclose information on its performances in providing ODA, future plans and strategies through the national website and IATI website following the common standards set by IATI.; Main Objective: To enhance transparency of ODA project implementation through disclosing Korea’s ODA project information with IATI, improve effectiveness of development through ensuring predictability for beneficiary countries, and satisfy citizens’ right to know; Brief Description of Commitment: Out of 39 categories selected by IATI for information disclosure, 13 required categories will be opened up first for 740 KOICA and EDCF programs, which are currently being carried out or planned to help developing countries. The rest of the information will be gradually disclosed through consultations between related institutions.; OGP challenge addressed by the commitment: Improving public services and more effectively managing public resources. Relevance This commitment is relavant to access to information, civic participation.; Ambition: Transparency and reliability of ODA projects and efficient use of the budget will be achieved.

IRM End of Term Status Summary

For details on this commitment, see South Korea End-of-Term Report 2016–2018.

Disclosing Information on International Aids (KR0035)