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

FINEXPO EVALUATION
Germany:
Financial
Cooperation
Composite
Germany
loan
account, if available.
KfW IPEX appraises and takes a decision over the application.
An agreement reached between the government of a partner
country and the German Government during intergovernmental
negotiations (held about every two years) serves as the basis
for bilateral cooperation. The governments of the partner
countries propose the projects or programmes within the
framework of these agreements. The governments are
responsible for both preparation and implementation.
After receipt of the request for funding, a consultant gathers the
necessary information on site, which is either in –or added tothe
feasibility study. The consultant’s findings are submitted to
both the agency that will become responsible for the
implementation and to KfW Entwicklungsbank. After
endorsement by KfW, the proposal is submitted to BMZ.
Denmark: Mixed
credit
programme
If BMZ takes a positive decision, KfW Entwicklungsbank is
allowed to start negotiations with the government of the partner
country and the project-executing agency about the financing
arrangement. This financing arrangement not only states the
details of the financing (repayment, grace, interest) but also
specifies the implementation time path. The design of such an
agreement has aspects of “alignment”, enabling the public
authorities in the partner country to:
make budget provisions in the national budget in line
with the time path of the agreement;
to adjust tariffs and fees in order to cover future
operating costs if necessary.
Three to five years after the start of operation each project is
subject to ex-post evaluation, assessing whether 1) the
expected development impacts have been achieved, 2) the
capacities have been established for a proper use of the
infrastructure 3) the operations will be efficient and sustainable.
The mixed credit programme is promoted through the
embassies worldwide. Both potential buyers (for example a
government agency) and end users (for example an electricity
company) may apply for financial support for a transaction.
After submission of the Project proposal, the request is screened
by Danida’s Committee for Mixed Credits. The Committee
checks whether a feasibility study has been carried out,
whether the project has been given priority by the authorities in
the recipient country and whether there is no objection in
relation to the OECD Arrangements. If in principle approved, the
proposal is notified to OECD.
The project proposal (feasibility study, environmental impact
assessment, quantity surveillance, etc.) and procurement are
responsibilities of the buyer or end user and can be outsourced.
Once eligible for the Mixed Credit Programme and approved by
the Committee, the tender procedure should start and the
committee submits a declaration of no objection to the tender
procedure (if the tender respects transparent competitiveness).
Usually, Danida will provide technical assistance for the tender
procedure.
see
Final report – Appendix 8 – page 156