Section 9653 - Annual report(a) In generalAfter 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-
(1) the economic and social development impact, including with respect to matters described in subsections (d), (e), and (f) of section 9651 of this title, of projects supported by the Corporation under subchapter II of this chapter;(2) 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;(3) the Corporation's institutional linkages with other relevant United States Government department1 and agencies, including efforts to strengthen such linkages; and(4) the compliance of projects supported by the Corporation under subchapter II of this chapter with human rights, environmental, labor, and social policies, or other such related policies that govern the Corporation's support for projects, promulgated or otherwise administered by the Corporation.(b) ElementsEach annual report required by subsection (a) shall include analyses of the effects of projects supported by the Corporation under subchapter II of this chapter, including-
(1) reviews and analyses of-(A) the desired development outcomes for projects and whether or not the Corporation is meeting the associated metrics, goals, and development objectives, including, to the extent practicable, in the years after conclusion of projects; and(B) the effect of the Corporation's support on access to capital and ways in which the Corporation is addressing identifiable market gaps or inefficiencies and what impact, if any, such support has on access to credit for a specific project, country, or sector;(3) projections of-(A) development outcomes, and whether or not support for projects are meeting the associated performance measures, both during the start-up phase and over the duration of the support, and to the extent practicable, measures of such development outcomes should be on a gender-disaggregated basis, such as changes in employment, access to financial services, enterprise development and growth, and composition of executive boards and senior leadership of enterprises receiving support under subchapter II of this chapter; and(B) the value of private sector assets brought to bear relative to the amount of support provided by the Corporation and the value of any other public sector support; and(4) 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.1So in original. Probably should be "departments".
Pub. L. 115-254, div. F, title IV, §14431443,, 132 Stat. 3505. - appropriate congressional committees
- The term "appropriate congressional committees" means-(A) the Committee on Foreign Relations and the Committee on Appropriations of the Senate; and(B) the Committee on Foreign Affairs and the Committee on Appropriations of the House of Representatives.
- qualifying sovereign entity
- The term "qualifying sovereign entity" means-(A) any agency or instrumentality of a foreign state (as defined in section 1603 of title 28) that has a purpose that is similar to the purpose of the Corporation as described in section 9612(b) of this title; or(B) any international financial institution (as defined in section 262r(c) of this title).