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A Graduation Policy for the Bank's DMC's
IV. Rationalizing The Bank's Classification and Graduation System
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The discussions in Sections II and III provide the background against which an
approach can be developed for rationalizing the system for determining eligibility for and
graduation from concessional and nonconcessional regular Bank assistance. The proposed
approach is not to attempt to create an entirely new structure but rather to redesign the
existing policy framework to provide a platform for the graduation process. The document ADF
VII: Report of Donors24
envisages graduation from (i) ADF-only to ADF-OCR blend, (ii) ADF-OCR
blend to OCR-only, and finally (iii) OCR-only to cessation of regular assistance from the
Bank. This approach encompasses the entire graduation spectrum rather than narrowly
focusing on graduation either from ADF or OCR. The approach proposed in this Paper is dealt
within two parts: Part A relates to the process of graduation from ADF and Part B relates to the
process of graduation from regular Bank assistance.
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- R15-97. Sixth Replenishment of the Asian Development Fund, 18 February 1997.
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