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Highlights – Board Meeting of 13 December 2018 - 2 pm


The above-mentioned project is a proposal to finance part of DAL Group Co Ltd's longterm investment programme (IP) for its food and agriculture operations. Board members welcomed the project's alignment with the Bank's development objectives and strategic priorities. They also welcomed the resilience and good performance of the Corporation, despite the difficult economic and political environment prevailing in the country, and requested that lessons from the project be shared. Executive Directors also stressed the need to strengthen measures to mitigate the identified risks, namely credit risk, currency risks and operational risks. It is also important to improve the logical framework of the project, based on clearly defined indicators. At the end of the deliberations, the Board approved the proposal.

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