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<classification authority="sudocs">GA 1.13:NSIAD-95-143BR</classification>
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 <subject>Lending institutions</subject>
 <subject>Bank management</subject>
 <subject>International economic relations</subject>
 <subject>Foreign economic assistance</subject>
 <subject>Bank loans</subject>
 <subject>Foreign loans</subject>
 <subject>Economic policies</subject>
 <subject>Financial management</subject>
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 <title>Multilateral Development Banks: Financial Condition of the African Development Bank</title>
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<abstract>Multilateral development banks play an important role in development
assistance strategies, loaning money at concessional rates to their
lower income borrowing members and extending near market-rate loans to
finance projects of other member developing countries.  Recently,
however, the effectiveness of the aid channeled through the banks and
the efficiency of their operations has come into question.  In
particular, the financial condition and policies of the African
Development Bank--which is financially solvent but vulnerable--have been
a growing source of concern.  This briefing report provides information
on (1) the financial condition of the African Development Bank and (2)
issues relevant to that condition.</abstract>
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 <topic>Lending institutions</topic>
 <topic>Bank management</topic>
 <topic>International economic relations</topic>
 <topic>Foreign economic assistance</topic>
 <topic>Bank loans</topic>
 <topic>Foreign loans</topic>
 <topic>Economic policies</topic>
 <topic>Financial management</topic>
 <topic>Developing countries</topic>
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