Xinhua Financial News Service

Last updated 01:41pm (Mla time) 08/22/2006

ALL CONTRACTS awarded by the Asian Development Bank are to be made public as part of a new anti-corruption plan, the Manila-based lender said.

Under the plan, borrowers will be required to make public all contract awards, and to publish on the ADB's website contracts worth more than one million dollars, the multilateral institution said in a statement.

The move is part of an anti-corruption review carried out by the bank.

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Posted by pichu at August 22, 2006 5:11 PM