Cofinancing

Coordination with Official Funding Agencies

ADB's coordination with other official funding agencies

• begins during formulation of the Country Strategy and Program, which is the basis for identifying and formulating the projects to be financed by ADB in each DMC during the next three years

• continues during ADB's project processing cycle

• makes every effort to accommodate cofinanciers' processing schedules and procedures

ADB encourages cofinanciers to identify cofinancing opportunities and to contact ADB early in the project processing cycle. In this way, cofinanciers can participate in project formulation and appraisal activities.