Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

FINEXPO EVALUATION
equate with one loan and its corresponding group of activity. The first phase of a project
is the first loan or interest subsidy awarded by FINEXPO. First phase and successive
phase are priority for the sample. For example if the project in the last sample was in
phase 2 (or more) and the phase 1 wasn’t pre-selected the project was withdrawn. On
the contrary, if the project had various phases pre-selected then the file was considered
as priority. If a selection is necessary within theses phases the first phase is a priority.
If this indicator was not clear, the indicator taken was the date of the signature of the
loans or decree. Documents signed in 2008 were removed in order to be sure that the
project has started and did produce some output.
The final sample is made up of 44 files (40% of the portfolio) with the following
distribution:
Table 18: Distribution by instrument
Instrument Total
%
% in
Sample
total
sample
IS 36 33 15 34
ISD 8 7 5 11
D 1 1 1 2
Tied StS 59 55 22 50
Untied StS 4 4 1 2
Total 108 100 44 100
Table 19: Distribution by credit amount
Budget
%
% in
Total
Sample
€ Million
total
sample
< 5 65 60 26 59
5