Establishment of a New Facility in the Existing Japan Special Fund to Assist Currency Crisis-Affected Member Countries
Asian Development Bank | March 1999
Abstract
The Government of Japan has launched a plan to assist affected countries of Asia in the alleviation of and recovery from the financial crisis that was precipitated by the currency turmoil in mid-1997; this plan is commonly referred to as the New Miyazawa Initiative. As part of that overall plan, the Government of Japan is proposing the establishment of a Special Fund, described as an Asian currency crisis support facility (the Facility) to be administered by the Asian Development Bank. This will complement the Bank’s assistance to crisis affected member countries (CAMCs) by helping to mobilize cofinancing/private financial resources for projects and programs in the CAMCs. This paper describes in further detail the Facility as proposed by the Government of Japan; outlines the agreed framework, objectives, scope, modalities, and management procedures of the existing JSF; and makes recommendations on the arrangements necessary to enable the JSF to include the Facility as a special-purpose component.
Citation
Asian Development Bank. 1999. Establishment of a New Facility in the Existing Japan Special Fund to Assist Currency Crisis-Affected Member Countries. © Asian Development Bank. http://hdl.handle.net/11540/6092.Keywords
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Project Evaluation
Program Evaluation
Performance Evaluation
Operations Evaluation
Evaluation Methods
Evaluation
Cofinancing
Development Financing
Economic Development and Finance
Finance
Financial Advisory Services
Financial Assistance
Financial Support
Project Financing
Project Financing Justifications
Nonbank Financing
External Financing
Project impact
Development projects
Program management
Performance appraisal
Project appraisal
Technology assessment
ADB
Self Financing
Aid Financing
Financial Aid
Development Banks
Project Impact
Cumulative effects assessment
Grievance procedures
Participatory monitoring and evaluation
Development Banks
Asset allocation
Investment management
Commercial documents
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