Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium
Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium
Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium
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FINEXPO EVALUATION<br />
USA, EC. the effective developmental use of these<br />
resources 64 .”<br />
In order to respect this criterion, the Package<br />
prohibits tied and partially untied credits for richer<br />
developing countries and commercially viable<br />
projects. The Package also introduces monitoring<br />
procedures.<br />
Participants<br />
(see<br />
previous)<br />
Participants<br />
(see<br />
previous)<br />
Participants<br />
(see<br />
previous)<br />
Participants<br />
(see<br />
previous)<br />
DAC<br />
The Schaerer Package 65<br />
Key features of the Package include:<br />
- Progressive abolition of remaining subsidised<br />
rates so that market-based CIRRs are used as<br />
the minimum interest rate in all markets;<br />
- Introduction of an automatic system of country<br />
classification based on per capita GNP to<br />
determine the maximum repayment period;<br />
- Adjustment of the discount rate for calculating<br />
the concessionality level of aid loans.<br />
Orientation of tied aid according the Helsinki rules<br />
(commercially viable projects cannot receive tied aid<br />
e.g.)<br />
Re-wording of the arrangement(s) in order to include<br />
all the modifications made since 1976<br />
The Knaepen Package - Minimum Premium<br />
Benchmarks<br />
The package sets the minimum risk premium rates<br />
meant to:<br />
- Ensure that risk premium rates are not<br />
inadequate to cover long-term operating costs<br />
and losses;<br />
- Eliminate distortions to competition and create<br />
a level playing field.<br />
Recommendation to untie ODA to LDCs<br />
The Recommendation also invites DAC members to<br />
provide untied aid in areas not covered by the<br />
Recommendation. ‘The Guiding Principles’ include an<br />
agreement to report to the OECD on the tying status<br />
of aid 66 . This Creditor Reporting System (CRS) on a<br />
project level contains information about the tying<br />
status of most ODA, although the reporting on<br />
1994<br />
1996<br />
1997<br />
1999<br />
2001<br />
see<br />
64 DAC's Working Party on the Financial Aspects of Development Assistance, OECD, Paris, May, 1991<br />
65 Export credit financing systems in OECD Member countries and non-member economies, OECD, 2001<br />
66 Note that there are three exceptions to the general agreement: i) if the recipient country is considered by the World Bank as<br />
Least Developed Country and the concessionality level is at least 50%. ii) if the total concession is over 80% (the credit is<br />
than considered to be a grant); iii) if the project has a value of less that 2 million SDR.<br />
Final report – Appendix 6 – page 129