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

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

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FINEXPO EVALUATION<br />

arrangements exist for non LDC partner countries like Bolivia,<br />

Ghana, Nicaragua and South Africa (up to 2014).<br />

The ORIO-B list contains 24 countries: Albania, Algiers, Armenia,<br />

Bosnia-Herzegovina, Colombia, Egypt, Philippines, Georgia,<br />

Guatemala, Indonesia, Kenya, Kosovo, Macedonia, Morocco,<br />

Moldavia, Mongolia, Montenegro, Pakistan, Palestinian Territories,<br />

Peru, Serbia, Surinam, Thailand, Vietnam 91 .<br />

The grant percentage for ORIO A will be determined by sector,<br />

taking into consideration the minimum concessional level indicated<br />

by IMF and World Bank fort that particular country (varies<br />

between 35% and 60%) 92 . The rest financing is supposed to come<br />

from the recipient country, also as a sign of commitment. For<br />

ORIO-B two annual subsidy tenders will be organised and the<br />

appraisal agent selects the most innovative and solid projects.<br />

Although no ICB is required, there is untying of aid, since the<br />

process is open to companies from all nationalities worldwide.<br />

Table 21.3: The target group(s) of the instrument<br />

Target group<br />

France: RPE Predominantly state-to-state loans that are provided at<br />

concessional terms for procurement of French products. It is a<br />

buyer’s credit. Target groups are the governments (and public<br />

entities) of the recipient country and French manufacturers and<br />

exporters.<br />

Germany: KfW /<br />

ERP Export Fund<br />

Germany:<br />

Financial<br />

Cooperation<br />

Composite loan<br />

Germany<br />

Denmark: Mixed<br />

credit<br />

programme<br />

Spain: Fondo de<br />

Ayuda<br />

al<br />

Desarrollo<br />

Spain : CARI<br />

Either private companies can apply, or banks of the contracting<br />

party can apply for credit. Predominantly state-to-state loans that<br />

are provided at concessional terms for procurement of German<br />

products. A second option is the bank-to-bank loan. Target groups<br />

are public entities in the recipient country, national (development)<br />

banks and German manufacturers and exporters.<br />

Buyers benefit in the first place. The borrowers may be either<br />

public entities or project-executing agencies benefitting from a<br />

state guarantee. Target groups are the public sector in developing<br />

countries and German manufacturers and exporters.<br />

Predominantly loans that are provided to public entities at<br />

concessional terms for procurement of Danish products. It is a<br />

buyer’s credit system. Target groups are the public entities in<br />

recipient country and the Danish manufacturers and exporters.<br />

Target groups are the governments (and public entities) of the<br />

recipient country or companies officially registered as residents of<br />

the recipient country. In the case the credit-taker or the recipient<br />

of the grant were a public agency or company or a company with<br />

residence in the beneficiary country, it should count with approval<br />

or guarantee by government.<br />

The target groups are, according to each specific case:<br />

see<br />

91 After 2011 Albania, Armenia, Bosnia-Herzegovina and Macedonia will be eliminated from the ORIO-B list, due to a change in their relation to the European Union, while also Algiers, Philippines,<br />

Morocco, Montenegro, Peru, Serbia en Thailand will be eliminated, while Iran, Ivory Coast and Jamaica might be added. Egypt, Georgia, Indonesia, Moldavia, Vietnam and Surinam will be eliminated<br />

after 2014.<br />

92 This percentage is determined on the base of the Debt Sustainability Framework (DSF) for a particular country. This is in<br />

accordance with the Principles for Sustainable Lending as agreed upon among OECD member countries. For fragile states, like<br />

Afghanistan, Burundi, the Democratic Republic Congo, Sudan and the Palestinian Territories, the concessional finance may<br />

reach 80 %. In such a case, the agreements for OECD participants do don apply anymore and international competitive bidding<br />

is not required.<br />

Final report – Appendix 8 – page 151

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