chapter  2
18 Pages

Programme and Project Financing Agencies

WithH. David Akroyd

The macro-economic and sector policies, goals, programmes and projects adopted by national governments may be influenced by the views of the International Monetary Fund (IMF). Several international conferences convened during the 1930s to address world monetary problems ended in failure. The sector policies, goals, programmes and projects adopted by national governments may be influenced by the views and policies of the World Bank Group. The World Bank Group's President is by tradition a national of the largest shareholder, the USA. The African Development Bank Group is an entity in its own right comprised of the African Development Bank (ADB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). The staff in the Country Departments initiate and conduct dialogue with officials in RMCs, draw up country lending programmes, identify projects for possible financing, negotiate loans and manage loan administration.