Bank Group Eligible Expenditures Policy

Publishing Date 19/03/2008

Categories: Economic & Financial Governance

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Bank Group Eligible Expenditures Policy (337 kB)

Description

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).

Download File (337 kB)

Bank Group Eligible Expenditures Policy (337 kB)