Several of these institutions have been participating in the Bank’s “fund-provisioning measure to support strengthening the foundations for economic growth.” As “Stimulating Bank Lending Facility” will start, I strongly hope that local institutions could make the most of the facility.
Finally, as a multisectoral development agency, the Bank can make use of its expertise in many policy areas and engage clients in fruitful dialogue, providing an extensive menu of customized policy options. We particularly welcome the emphasis placed by the Strategic Framework on market-based instruments and energy efficiency.