On 11 March 2009, Israel became the 38th signatory to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
The OECD will release a new report – Managing Water for All: Pricing and Financing – at an event during the World Water Forum in Istanbul.
Israel has officially joined the OECD Working Group on Bribery, an important step in its accession to OECD membership. Israel becomes the 38th signatory and first Middle-Eastern country to join the OECD’s Anti-Bribery Convention.
OECD is preparing a two-pillar action plan for governments, as part of a global response to the world financial crisis, calling for tighter regulation and oversight of financial markets and improved national policies to promote economic growth.
The OECD’s Working Group on Bribery sharply criticised the United Kingdom’s failure to bring its anti-bribery laws into line with its international obligations under the OECD Anti-Bribery Convention and urged the rapid introduction of new legislation.
The 22 member countries of the OECD Development Assistance Committee, the world’s major donors, provided USD 103.7 billion in aid in 2007.
The OECD Working Group on Bribery has serious concerns about Turkey's implementation of the OECD Anti-Bribery Convention.
Total official development assistance (ODA) from members of the Development Assistance Committee (DAC) fell by 5.1% in 2006 to USD 103.9 billion. This represents 0.30% of members’ combined Gross National Income.
Aid donors will have to increase funding for aid programmes faster that any other public expenditure in order to fulfil their commitments to increase aid to $130 billion and double aid to Africa by 2010, says the OECD’s Development Co-operation Report.
Two-thirds of the aid which the European Commission and the 22 member governments of the OECD’s Development Assistance Committee pledged to countries hit by the Indian Ocean tsunami has been spent or ear-marked for specific projects, according to statistics gathered by the OECD.