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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.

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