1. FCL roles and efforts to support IFAD project supervision and implementation Irene Li FCL, IFAD 1

2. I. A significant portion of IFAD’s loan and grant portfolios is in the Eastern and Southern Africa Region

3. PF Loans. 58 (out of IFAD total 246) effective loans with SDR 639.8 million - 23% value of IFAD effective loans. 3 new Loans approved for SDR 34 million - 22% value of IFAD approved Loans in 2008. 3

4. PF Grants 92 effective grants (543 IFAD) for USD 130.3 million. In 2008 10 Grants have been approve (24% of IFAD Grants Approved in 2008) 4

5. Loans and Grants with Expired Closing Dates Loans : –13 loans with expired closing dates. Grants (A,G,E) : –44 (I,C, B, I)- with expired closing dates 5

6. HIPC Grants 10 HIPC Grants out of IFAD Approved total 31, 53% in value: 6

7. II. Improve efficiency of disbursements of loans and grants 7

8. The Role of the FC Loans Section Reviewing and Authorizing loan and grant disbursements. Providing financial guidance and assistance Assisting to resolve outstanding disbursement issues during project implementation. Managing/Monitoring Loan repayments of funds Following up arrears in repayment of principal and interest. 8

9. Disbursements PF Loan disbursements to end Q3 2008 total 40 million SDR which is 20% of all loan disbursements IFAD (SDR 200 million) PF Grant disbursements to end Q3 2008 total 7.75 million USD which is 28% of all IFAD grant disbursements 9

10. Unique Characters of PF Disbursements Numbers of total disbursement and numbers of transaction of each loan 10

11. Disbursements FC Average Processing Time (days) per Payment G-Grants, L-Loans IFAD/PFTypeY 2006Y 2007Y 2008 IFADG37.5227.6114.38 PFG36.2519.718.23 IFADL14.047.988.10 PFL12.756.4712.34 Year 2008 Q1Q2Q3Average Days IFAD-G23.688.7511.9614.38 PF-G14.934.816.448.23 IFAD-L11.228.145.598.10 PF-L15.3014.785.5212.34 11

12. III. Improve FCL working efficiency with support from PF and PEA 12

13. FCL major efforts to enhance disbursement efficiency Commencement of the Detailed Design Phase of the LGS Up-Grade Completion of the Loan Disbursement Handbook Debit advices to be sent via email directly to the projects 13

14. Ways to improve efficiency of processing Payments Check that all supporting documentation provided before submitting E. g. Replenishment requires Special Account Reconciliation, Bank Statements Complete Banking Instructions - with full Account Name and Number Deadline for claiming reimbursement expenditures 14