Policy Documents

Abstract: Policy on Non Concessional Debt Accumulation

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.1 and ADF/BD/WP/2007/72/Rev.1). The objective of the new policy is to strengthen the Bank's focus on results through greater (i) alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC) and (ii) harmonization with other sister institutions particularly the World Bank. The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs).

Abstract: The Boards of Directors of the African Development Bank and the African Development Fund approved the Bank Group’s strategic and operational framework for regional operations during their Informal Session of 19 February 2008. This framework is intended to provide a rigorous but flexible approach to mobilize resources for regional integration in Africa. It is an important building block of the Bank Group’s broader strategy to promote regional integration, which includes advisory and analytical services, capacity building for countries and continental and regional organizations, and the use of ADB resources where appropriate. The framework is anchored in the strong consensus that greater regional integration is a key means for Africa to enhance growth and development, and address common development challenges. The Bank Group sees the financing of Regional Operations as a core element of its development mandate, and these Operations will be selective and focus primarily on two areas: (i) infrastructure, particularly transportation but also energy, water and telecommunication; and (ii) promotion of regional public goods.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.

Abstract: The Boards of Directors, on March 19, 2008, approved a new policy on expenditures eligibility for Bank Group financing (Board Document ADB/BD/WP/2007/106/Rev.2 and ADF/BD/WP/2007/72/Rev.2). The objective of the new policy is to strengthen the Bank's focus on results through greater alignment of the expenditure eligibility policy on the development priorities of regional member countries (RMC). The new policy also seeks to tailor expenditure eligibility to the specific context of each RMC through the introduction of Country Financing Parameters (CFPs). CFPs provide a framework for determining eligibility of expenditure in each RMC taking into account issues such as the quality of its fiduciary environment, commitment to its development program, productivity of the expenditure, and macroeconomic situation. Overall, Regional Departments will lead the process of developing and disseminating CFPs, in close collaboration with the World Bank. However, towards reducing transactions costs in implementing the new policy, the Boards agreed that Management collaborates closely with the World Bank, including using the CFPs already prepared by this institution pour 38 pays. These CFPs are related to cost sharing/counterpart funds, taxes and duties, recurrent costs and local currency costs.