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A short course of lectures
«Loan disbursement handbook»





Use of Sub-Account(s) under the Imprest AccountSupporting DocumentsLoan or Grant RegulationsBasic Requirements for DisbursementConditions for Approval to Use the Imprest Fund ProcedureCurrency of PaymentCOMMITMENT PROCEDUREApproval of ProcedureBasic RequirementsInquiriesLoan CancellationFOREWORDTHE ASIAN DEVELOPMENT BANKDiscussion of Disbursement Procedures during Project PreparationFINANCIAL INTERMEDIATION LOANS AND POLICY-BASED LOANSModes of Loan DisbursementRequest for AdvancesFour Major TypesSuspending ReplenishmentDisbursement ProceduresBasic PrinciplesLiquidation and ReplenishmentGeneral GuidelineNarrative ProceduresReview by ADB StaffDISBURSEMENT GUIDELINES AND PRACTICESDisbursement LetterChanges during Project ImplementationLocation of the Imprest AccountCapitalization of Interest, Commitment Charges, and Other Fees and ChargesController Simplified DocumentationPurpose of the Policy-based LoanCeiling of AdvancesAudit ArrangementsDisallowances and NonpaymentsAccelerating MaturityDescriptionDefinitionsIssuing the Commitment LetterAmendments to the Letter of CreditSimplified Documentation under the Reimbursement ProcedureForce Account Works ProcedureBasic RequirementsEligible and Ineligible ExpendituresDIRECT PAYMENT PROCEDUREDisbursement Percentage and Financing PercentageLoan Account ClosingRetroactive FinancingDescriptionPRIVATE SECTOR (NONSOVEREIGN) OPERATIONSPayment InstructionsDescriptionBasic RequirementsDISBURSEMENT PROCEDURESAllocating Loan ProceedsIMPREST FUND PROCEDUREDiscrepanciesINSTRUCTIONS FOR DISBURSEMENTTrade Finance Program Disbursement Procedures for Revolving Partial Credit GuaranteesWithdrawal ApplicationLOAN AND GRANT FINANCIAL INFORMATION SERVICESNarrative ProceduresFree LimitFiduciary SafeguardSuspending WithdrawalsDelay in Submission of Audited Project Financial StatementsCOFINANCING OPERATIONSLinking the Letter of Credit to the Commitment LetterDescriptionREIMBURSEMENT PROCEDURECurrency of the Imprest AccountAccepting the Commitment LetterAudit ArrangementsSample Forms of Withdrawal ApplicationsConditions for Approval to Use the Statement of Expenditures ProcedureDescriptionIneligible PaymentsDisbursement Procedures and Suggested Types of PaymentDisbursement ProceduresFinal Liquidation of Advances to the Imprest AccountObjectivesTHE HANDBOOKSuspending Use of the Statement of Expenditures ProcedureDISBURSEMENT POLICIESConditions for Approval to Use the Force Account Works ProcedureInquiriesDisbursement under Suspension of LoanLoan AccountStatement of Expenditures CeilingAmendments Requiring ADB's Prior ApprovalDescriptionFINANCIAL INTERMEDIATION LOANSStatement of Expenditures ProcedureScope and ApplicabilityRetention Period of Supporting DocumentsFollow-Up Action for Audit Findings of a Serious NaturePayment to Commercial BanksPOLICY-BASED LOANSSupporting DocumentsAudit ArrangementTrade Finance Program Disbursement Procedures for Revolving Credit FacilitiesActions to be Taken by the BorrowerEstablishing the Imprest AccountTypes of Cofinancing DisbursementSupporting DocumentsAuthorized SignatoryLimitation of ADB's CommitmentReview by ADB StaffApproval of the Statement of Expenditures ProcedureBasic RequirementsReallocating Loan ProceedsDisbursement ProceduresLoan DocumentsRefund of AdvanceDetails on the Certificates for Force Account WorksMutually Exclusive Use of Simplified DocumentationAudited Project Financial StatementsUsing the Imprest AccountLoan Milestone Event DatesDescriptionLoan Proceeds and Disbursement Procedures
 
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