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Code · BILL · 115th Congress · H.R. 5105 (Reported in House) — To establish the United States International Development Finance Corporation, and for other purposes. · Sec. 402

Sec. 402. Performance measures

205 words·~1 min read·/bill/115/hr/5105/rh/section-402·

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The Corporation shall develop a performance measurement system to evaluate and monitor projects supported by the Corporation under title II and to guide future projects of the Corporation. In developing the performance measurement system required by subsection (a), the Corporation shall— develop a successor for the development impact measurement system of the Overseas Private Investment Corporation (as such system was in effect on the day before the date of enactment of this Act); develop a mechanism for ensuring that support provided by the Corporation under title II is in addition to private investment; develop standards for, and a method for ensuring, appropriate financial performance of the Corporation's portfolio; and develop standards for, and a method for ensuring, appropriate development performance of the Corporation’s portfolio, including— measurement of the projected and ex post development impact of a project; and the information necessary to comply with section 403.
The Corporation shall make available to the public on a regular basis information about support provided by the Corporation under title II and performance metrics about such support on a country-by-country basis. In developing the performance measurement system required by subsection (a), the Corporation shall consult with stakeholders and other interested parties engaged in sustainable economic growth and development.
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