Best Practices

General Operational Policies*

SOURCES AND ALLOCATION OF FUNDS

Resources for Developing Operations

Reference: Agreement Establishing the Inter-American Development Bank, Article II, Section 1A; AB-1704 (8/94)

Categories of resources:

• Ordinary Capital

• Fund for Special Operations

• Funds under Administration

• Intermediate Financing Facility.
  

Resource Allocation

Reference: GP-80 (1/79); AB-1704 (8/94)
Policy on allocation of resources, terms and conditions for Bank lending by country group and type of funds.

Maintenance of Value

Reference: Agreement Establishing the Inter-American Development Bank,
Article V, Section 3; DE-20/60; DE–58/72
Maintenance of value of the currency holdings of the Bank.

Reference: GN-1239 (4/78)
Standard of value under the Agreement Establishing the Inter-American Development Bank.

Reference: GN-1256 (6/78)
Clauses on maintenance of value included in the Bank's loan contracts.

Reference: AG-12/70
Maintenance of value standard for additional contributions.
Third Replenishment 3: FSO.

Reference: GN-1447 (12/82)
Maintenance of value in the FSO.

Reference: AG-11/83 (12/83); AG–2/90 (1/90); AB-1704 (8/94)
Elimination of maintenance of value with respect to FSO contributions under the Sixth, Seventh, and Eighth General Increases in Resources.

* The operational policies of the Inter-American Development Bank are intended to provide operational guidance to staff in assisting the Bank's borrowing member countries. Over the course of the Bank's more than 40 years of operations, the approach to developing operational policies has taken various forms, ranging from the preparation of detailed guidelines to broad statements of principle and intent. Many policies have not been updated since they were originally issued, and a few reflect emphases and approaches of earlier years which have been superseded by specific mandates of the Bank's Governors, the most recent being the Eighth Replenishment mandates of 1994. In accordance with the Bank's information disclosure policy, the Bank is making all of its operational policies available to the public through the Public Information Center. Users please note that the Bank's operational policies are under a process of continuous review. This review process includes preparation of best practice papers summarizing experience at the Bank and other similar institutions, and sector strategy papers.