The Institutional and Policy Review (IPR) examines how the African Development Bank’s corporate strategy and specific policies and guidelines on Policy Based Operations (PBOs) have evolved and the extent to which these provide a clear and coherent framework for the design and delivery of PBOs. It also considers the evolution of the Bank’s organisational structure, systems and staffing arrangements for delivering PBL over the evaluation period (1999-2009)
The literature review draws on academic and research literature and begins by examining the development of PBOs from structural adjustment lending (SAL) in the 1980s, to budget support in the late 1990s onwards: including the theoretical underpinnings of these various approaches. It looks at some of the key changes that have occurred in the aid environment over this period. One key change has been the move away from conditionality designed to bring about (or even “buy” reforms), to an approach to aid that is aimed at supporting government plans and priorities.
This study was prepared as part of a broader evaluation of donor support to public financial management (PFM) reforms. It analyses quantitative evidence on the quality of PFM systems, and assesses factors that may have determined cross-country differences and variations in the quality of PFM systems over time
This case study forms part of the evaluation of policy based lending in the African Development Bank (AfDB) from 1999 - 2009. It is one of four case studies of specific operations that have been carried out as part of the evaluation: 1) Botswana Economic Diversification Loan (approved 2nd June 2009). This is by far the largest PBO over the evaluation period representing about 22% of the total value of PBO approvals between 1999 and 2009, and is now the largest loan ever made by the Bank. 2) Nigeria Economic and Power Sector Reform Programme (approved 1st October 2010).
This case study forms part of the evaluation of policy based lending in the African Development Bank (AfDB) from 1999 - 2009. It is one of four case studies of specific operations that have been carried out as part of the evaluation: 1) Botswana Economic Diversification Loan (approved 2nd June 2009). This is by far the largest PBO over the evaluation period representing about 22% of the total value of PBO approvals between 1999 and 2009, and is now the largest loan ever made by the Bank. 2) Nigeria Economic and Power Sector Reform Programme (approved 1st October 2010). This is the largest sectoral operation in Sub-Saharan Africa. 3) Egypt Financial Sector Reform Loan (approved 26th July 2006). This is the largest sectoral operation over the evaluation period and was at the time the largest loan ever made by the Bank. 4) Democratic Republic of Congo Emergency Programme to Mitigate the Impact of the Financial Crisis (approved 1st May 2009). This is a major recent operation in a fragile context.
La revue exécutée par le Département de l’évaluation des opérations (OPEV) de la Banque africaine de développement (BAD) visait à évaluer l’assistance du Groupe de la Banque aux banques de développement sous-régionales au cours de la période 1998-2008. Cette assistance comprenait des lignes de crédit (LC), des prises de participation et l’assistance technique (AT). La revue a couvert trois des quatre institutions sous-régionales de financement du développement (IFD) qui ont bénéficié de l’assistance du Groupe de la Banque.