financial reporting. Reports on the Observance of Standards and Codes (ROSC) is a joint World Bank and International Monetary Fund (IMF) initiative that helps member countries strengthen their financial
and International Monetary Fund (IMF) initiative that helps member countries strengthen their financial systems by improving compliance with internationally recognized standards and codes. The
World Bank collects data from a survey completed by expert respondents namely government officials, private sectors, and World Bank’s regional staffs on the implementation of relevant laws and regulations