Publications

The Bank's Cofinancing Strategy

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Contents

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1. INTRODUCTION

2. ROLE OF COFINANCING IN BANK OPERATIONS

   1. The Mandate

   2. The Strategy

   3. The Scale of Operations

3. THE NEW ENVIRONMENT

   1. Global Trends

   2. Wave of Liberalization

   3. Growing Investment Needs

   4. The Bank’s Changing Role

4. REVIEW OF COFINANCING MODALITIES

   1. Official Cofinancing

   2. Commercial Cofinancing

   3. The Guarantee Facility

   4. Export Credit Cofinancing

5. THE PROPOSED STRATEGY

   1. Focus of Official Cofinancing

   2. Use of Parallel Loans and CFS

   3. Promoting Export Credit

   4. Expanded Use of Guarantees

6. NEW MEASURES

   1. A Single Loan Document for CFS Loans

   2. Fees for CFS Loans

   3. Incentives for Export Credit

7. IMPLEMENTATION

   1. Integration with the Planning Process

   2. Institutional Capabilities

8. CONCLUSION AND RECOMMENDATION