; and (2) assessment by the Comptroller General of the United States. (h) Annual Report (1) In General Not later than December 31, 2021, and each December 31 thereafter, the Chief Executive Officer shall submit to the appropriate congressional committees a report that describes the following: (A) The extent to which the Initiative has contributed to promoting and supporting Palestinian economic development. (B) The extent to which the Initiative has contributed to greater integration of the Palestinian economy into the international rules-based business system. (C) The extent to which projects that increase economic cooperation between Israelis and Palestinians have been prioritized. (D) Information on the following: (i) Investments received and provided through the Initiative. (ii) The mechanisms established for transparency and accountability of investments provided through the Initiative. (E) A description of the Initiative’s operations, activities, budget, receipts, and expenditures for the preceding 12-month period, including an audited report of the Initiative’s finances which shall further include statements of financial position, operations, equity positions and cash flows, in accordance with generally accepted government auditing standards prescribed by the Comptroller General of the United States. (F) Lessons learned from improvements to the efficacy of people-to-people relationships. (G) A description of potential strategies for achieving sustainability for civic institutions that the Initiative develops or supports, including novel financing mechanisms. (H) A description of the process for vetting and oversight of entities eligible for support from the Initiative to ensure compliance with the requirements of section 9006(b). (2) Form The reports required under this subsection shall be submitted in unclassified form, without the designation For Official Use Only or any related or successor designation, but may be accompanied by a classified annex. (i) Exceptions to Certain Limitations In providing