How does ADB promote coordination with other funding agencies?
When formulating ADB’s operational strategy for each of its developing member countries (DMCs): • ADB contacts the other major official funding agencies in the country, noting their aid strategies and operational objectives. • ADB identifies cofinancing opportunities relating to specific projects when the Country Strategy and Program in the DMC concerned is formulated, and later (if required), when project preparatory technical assistance is provided. • ADB explores opportunities for cofinancing during all stages of the project processing cycle, and welcomes cofinancier participation in appraisal missions, subject to government concurrence, as well as in project implementation review missions.
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