The European Investment Bank (EIB) is starting the new year with a change in leadership, as Barbara Balke has been appointed as the EU bank’s new Secretary General.

The program facilitated reforms aimed at improving public financial management (PFM) and infrastructure management. It sought to improve the quality, efficiency, and accountability of Tuvalu’s public financial system and practices. The program also supported the strengthening of Tuvalu’s institutional and legal framework to better construct, manage, and maintain public and private physical assets—with the objective of improving service delivery.
This report validates the completion report's assessment of the program. IED overall assessment: Successful.

The policy-based loan (PBL) of two subprograms had the objective of strengthening public sector governance and diversifying the economy through private sector development.

The technical assistance (TA) project aimed to improve the capacity of the Indian Renewable Energy Development Agency (IREDA) in financial and risk management practices to ensure timely and effective project implementation, monitoring and review, compliance, and closure. The TA project also supported IREDA to efficiently and effectively mobilize available development funds to catalyze private sector investment, and facilitate renewable energy development in India.
This report validates the completion report's assessment of the TA.

The dual objectives of Asian Development Bank’s (ADB’s) project preparation technical assistance (PPTA) were to (a) prepare all documents for a sector loan for the Sustainable Energy Access in Eastern Indonesia–Power Generation Sector Project (PGSP) and core subprojects to be considered for ADB financing; and (b) support Perusahaan Listrik Negara (PLN) in securing a liquefied natural gas (LNG) supply contract.
This report validates the completion report's assessment of the TA. IED overall assessment is less than successful.

The technical assistance (TA) aimed to help the Government of Timor-Leste to strengthen its development planning, and to improve the linkages between planning and budgeting.
This report validates the completion report's assessment of the TA.
IED overall assessment is less than successful.

Le Conseil d’administration de la Banque africaine de développement a approuvé, le 5 décembre dernier, à Abidjan, un financement additionnel de 19,25 millions de dollars américains en faveur de Madagascar pour l’aider à faire face aux chocs climatiques récurrents (sécheresse, tempêtes, cyclones).

IMF Staff Concludes Staff Visit to Kuwait

Country Report No. 2022/386