Policy Paper: Document Stage: W-Paper: Piloting Results-Based Lending for Programs
Asian Development Bank | August 2012
Abstract
This working paper proposes that the Asian Development Bank (ADB) introduce a results-based financing (RBF) for programs modality. The RBF for programs will support government-owned sector programs, linking disbursements directly with the achievement of program results. The design and implementation of RBF for programs operations will be based on ex ante assessments and supported by ex post results verification, and will be underpinned by systematic institutional development. The objectives of RBF for programs are to increase accountability and incentives to deliver results, improve the effectiveness and efficiency of government-owned sector programs, promote institutional development, support development coordination and harmonization, and enhance development effectiveness.
Citation
Asian Development Bank. 2012. Policy Paper: Document Stage: W-Paper: Piloting Results-Based Lending for Programs. © Asian Development Bank. http://hdl.handle.net/11540/3508. License: CC BY 3.0 IGO.Keywords
Development
Finance
Development Challenges
Development Issues
Development Problems
Microenterprises Finance
Commercial Finance Companies
Enterprise Financing
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