Sec. 403. Annual report
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After the end of each fiscal year, the Corporation shall submit to the appropriate congressional committees a complete and detailed report of its operations during that fiscal year, including an assessment of— the economic and social development impact and benefits of projects supported by the Corporation under title II; and the extent to which the operations of the Corporation complement or are compatible with the development assistance programs of the United States and qualifying sovereign entities. Each annual report required by subsection
(a)shall include projections of the effects of each project supported by the Corporation under title II, including— reviews and analysis of— the desired development outcomes for each project and whether or not the project is meeting the associated metrics, goals, and development objectives in the years following the conclusion of the project; and the effect of the Corporation’s support for the project on access to capital, specifically whether the project is addressing identifiable market gaps or inefficiencies and what impact, if any, such support will have on access to credit for private sector entities in the country in which the project is carried out; an explanation of any partnership arrangement or cooperation with a qualifying sovereign entity in support of each project; projections of— each project’s development outcome, and whether or not support for the project is meeting the associated performance measures, both during the start-up phase and over the duration of the project; and the amount of private sector assets brought to bear relative to the amount of support provided by the Corporation and any other public sector support associated with the project; and an assessment of the extent to which lessons learned from the monitoring and evaluation activities of the Corporation, and from annual reports from previous years compiled by the Corporation, have been applied to projects.