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	Table of Contents
p. 10 of 10 BACK | NEXT Executive Summary I. The Context II. Present Bank Policies and Practices III. Graduation Policies of Other Multilateral Development Banks IV. Rationalizing the Bank's Classification and Graduation System V. Other Operational Implications VI.Conclusions VII. Recommendation

A Graduation Policy for the Bank's DMC's

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VII. Recommendation

102. The Board of Directors is requested to approve the general thrust of the proposed “Graduation Policy for the Bank’s DMCs” and, the effectivity from 1 January 1999 of the proposals with regard to the graduation framework and the classification of DMCs (as presented in Section IV), and with regard to ceilings on Bank financing of project costs, norms for sharing of TA costs, and domestic preference scheme for procurement of goods and civil works (as presented in Section V).

Back VI.Conclusions	A Graduation Policy for the Bank's DMC's