Anil Bhandari
Anil Bhandari
Anil Bhandari
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Specific Investment and Sector Investment & Maintenance loans<br />
are the most important loan/credit instruments<br />
IBRD/IDA Investment Loans<br />
Instruments (% of WBG commitment 1 ) :<br />
• SIL = Specific Investment Loan (80%)<br />
• supports creation, rehab & maintenance of economic, social and<br />
institutional infrastructure<br />
• also finance consultant services and management & training<br />
programs<br />
• SIM = Sector Investment and Maintenance Loan (14%)<br />
• focus on public expenditure programs in particular sectors (mainly<br />
infrastructure, education, law & public administration)<br />
• aim to bring sector expenditure, policies and performance in line e with<br />
country’s s development priorities by helping to appropriately<br />
balance new capital investments, rehabilitation, reconstruction and<br />
maintenance<br />
• help to develop borrower’s s institutional capacity to plan, implement and<br />
monitor an investment program<br />
1) Lending instrument’s s share of WBG’s commitments for transport projects during FYs 1990-2004.