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Draft_Bank Group’S New Policy Instrument On Results-Based Financing

21-Jun-2017

Please find attached for consideration, a proposed new policy instrument on Results-Based Financing (RBF) for CODE discussion. As you are aware, the African continent is at a unique juncture where countries are increasingly harnessing resources for structural transformation. In this regard, the Bank’s Regional Member Countries (RMCs) are increasingly seeking financing and expertise from development partners, in flexible ways, to improve the effectiveness and efficiency of their development programs. In order to meet this growing demand, the Bank is proposing this new and more flexible RBF instrument that will complement the existing instruments (investment lending and program-based operations).

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