SOFAZ's information policy approved

Information Policy is a complex of coordinated legal, organizational, economic and social measures aimed at information support of the Fund.

The objective of the Information Policy is formation of the necessary information and provision of the information related to resolution of the Fund's tasks.

According to the document, definition and general management of the Information Policy of the Fund is the responsibility of Executive Director of the Fund, the person in charge for the development, methodology and implementation of the Information Policy appointed by management of the Fund is Press Secretary, managers of structural departments of the Fund should present to Press Secretary the information necessary for implementation of the Information Policy according to requirements of the Press Secretary.

The Fund has to provide the public with quarterly information on income and expenditures, annual reports; reports on application of Extractive Industries Transparency Initiative (EITI), audit reports, the information on meetings of the Supervisory Council, organizational structure, the budget-related information, the information on received grants, their conditions and usage, statutory legal acts regulating the activity, the general information on the financed projects, non-confidential information related to investment portfolio, the information on foreign business trips of the management, announcements on vacancies. APA-Economics