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Foreword
1. Introduction to the Guidelines
2. User Instructions
2.1. Overview
2.2. ADB Lending and Technical Assistance
>> 2.3. Applying these Guidelines
2.4. Project Types and General Treatments
2.5. Overview of Project Processing Steps
2.6. Step 1: Identification and Early Preparation
2.7. Step 2: Loan Preparation
2.8. Step 3: Project Examination
2.9. Step 4: Loan Negotiations
2.10. Step 5: Project Implementation
2.11. Step 6: Project Completion
3. Preparing and Appraising Investment Project
4. Financial Management of Executing Agencies
5. Reporting and Auditing
6. Financial Institutions
7. Knowledge Management
Financial Management and Analysis of Projects : 2. User Instructions

2.3. Applying these Guidelines

2.3.1. The provisions of these Guidelines apply to investment projects and project executing and implementing agencies. Consequently, they mainly relate to identifiable investment activities that have been undertaken with support from project, sector, and private sector loans. However, the provisions of these Guidelines will also apply where program loans include discrete, identifiable investment components. Nevertheless, for program loans with a list of ineligible items of imports (negative list), borrowers are required to submit a certificate in support of loan withdrawal applications. ADB also retains its rights to audit any accounts or to verify the validity of the certification provided by borrowers with each application (See paragraphs 11.8-11.11, ADB Loan Disbursement Handbook).

2.3.2. The revised Guidelines apply to private sector operations (PSO). In this respect, the Guidelines will be strengthened in future updates to take account of developments in this area and to reflect the guidance provided in the Credit Risk Manual that the Private Sector Operations Department (PSOD) is preparing.

2.3.3. These Guidelines are also relevant to PPTAs. PPTAs are designed and implemented prior to the beginning of a program or project. These guidelines strongly recommend that PPTA resources be used (in part) to appraise the financial aspects of projects and project executing agencies and, where necessary, to develop sufficient financial management capacity to implement and manage the project.
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2.4. Project Types and General Treatments