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created Aug 21 2013

updated Apr 25 2017

Description

Financial Intermediary Funds (FIFs) are multilateral financing arrangements for which the World Bank provides Trustee services that include committing and transferring funds to project implementers (generally international organizations such as multilateral development banks or UN agencies). In all cases the World Bank as Trustee is required to act in accordance with instructions of independent governing bodies.
In fulfilling its responsibilities, the World Bank as Trustee complies with all sanctions applicable to World Bank transactions.
Funding Decisions represent amounts approved by the FIFs governing bodies for projects fees and administrative budgets. Funding to projects can be done through various financial products, including grants and concessional loans.

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Category
Trust Funds and FIFs
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Tags
fifs, beneficiaries, country level
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Licensing and Attribution
Data Provided By
World Bank
Source Link
(none)
License
Attribution 3.0 IGO
Data As Of
Data As Of
06/30/2013
Type
Type
Transactions
Update Frequency
Update Frequency
Quarterly
Economy Coverage
Economy Coverage
World
Granularity
Granularity
Other
Source
Source Type
World Bank Group
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