III. DISCUSSION OF THE DRAFT NATIONAL ELECTIONS LAW AND THE DRAFT ELECTION COMMISSIONS LAW

N. Financing of elections

Article 41(12) stipulates that banks and other institutions should on a weekly basis, upon the CEC’s request, provide information on income and expenditure of the special account of the candidate, political party. The CEC should post this information on its official webpage upon receipt. This is a welcome development to provide transparency of campaign financing.