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Browsing the "country systems" Tag

World Bank’s Program-for-Results Loan Instrument: Good Intentions?

February 1st, 2012 | by Zachary Hurwitz

The World Bank's Board of Directors has approved a new lending instrument called Program-For-Results (P4R). The instrument is supposed to fund programs, not provide project finance, and is meant to work within a borrower's existing regulatory framework -- what the Bank calls a country systems approach

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