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The African Development Bank Group Response to the Economic Impact of the Financial Crisis

04-Mar-2009

Management prepared a discussion paper for the Board containing proposals for the African Development Bank Group’s response to the impact of the crisis, including accelerated support to RMCs. This framework encompassed three initiatives, namely the establishment of an Emergency Liquidity Facility, a Trade Finance Initiative and various actions to be taken to accelerate and increase support to and resources for ADF countries.

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