What is the procedure to reallocate grant funds?
If a reallocation involves a change in the Grant Development Objectives, and/or an increase in the administration/overhead costs of the grant beyond 10 percent of the grant amount, a request must be sent to TFO which will determine if approval by the Government of Japan is required. The grant amendment letter is cleared with the Legal Department in accordance with Bank procedures. If there is no change in the Grant Development Objectives, reallocation among expenditure categories or grant activities, including dropping or adding new eligible categories or grant activities, may be cleared by the Sector Manager/Director, in consultation with the Legal Department who will inform the TTL if an amendment to the grant agreement is required. In this case, the reallocation should be approved by the Country Director.
