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Inter-American Development Bank

Inter-American Development Bank

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Inter-American Development Bank

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  1. Inter-American Development Bank The Role of IDB Country Office and Executing Agency Bertus J. Meins Division Chief Cofinancing, Former IDB Representative in Costa Rica and Jamaica

  2. Contents: • Main functions Country Office • Modus Operandi • Important Secondary Functions • Role Executing Agencies • Conclusions

  3. Main Functions COF: • Monitoring & Supervising Execution of IDB-financed Operations • Daily Interface with Borrowers • Cooperation with Executing Agencies • Portfolio Performance Improvement • Portfolio Reporting • Development Effectiveness • Procurement Process Supervision • Coordination of Bank-Group Missions

  4. Modus Operandi: • Regular Meetings with Governors • Regular Meetings with Executing Agencies • Multi-Agency Portfolio Performance Meetings • Information and Training Sessions • Procurement Process Monitoring • Policy Dialogues • Two-Way Information Dispatch

  5. Important Secondary Functions: • In-depth Country Knowledge • Strategy Planning & Programming • Project/Program Identification • Donor Coordination • Coordination with UN, IMF, IBRD, CAF, CABEI, bilaterals, NGO’s • Contact with Credit Rating Agencies • Private Sector, Academia & Civil Society • Relations with Media

  6. Role Executing Agencies: • Involvement in Project Design & Approval • Leadership Role in Procurement Process • Relations with Government & Others • Responsible for Execution of Operation • Responsible for Regular Reporting • Responsible for Financial Statements • Responsible for Institution Building • Relations with Financiers

  7. Synergy COF – Executing Agencies: • Physical closeness • Day-to-day contacts • Problem solving on-the-spot • Identification of needs: Consultancies • Introductions to Bank procedures • Joint training sessions • Joint field missions/inspections • Joint portfolio improvement actions • Cooperation procurement processes

  8. Conclusions: • COF-System: major Asset • Involved in all key Processes Bank/Borrower • Liaison Function • Supportive Ideas & Contacts • Source of Info for Private Sector • Idem, for Bilaterals & Multilaterals • Monitoring & Due Process