Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations, to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, other concessional financing, and commercial financing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.
By the end of 2014, cumulative direct value-added official cofinancing for the Federated States of Micronesia amounted to $1.0 million for one investment project and $4.3 million for seven technical assistance projects.
Federated States of Micronesia: Projects Cofinanced, 1 January 2010 - 31 December 2014
|Cofinancing||No. of Projects||Amount ($ million)|
|Technical Assistance Grants||2||1.30|