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Projects

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Part of the book series: Contributions to Finance and Accounting ((CFA))

Abstract

International organisations are on the lookout for projects that would benefit from finance and also, in some projects, their expertise. In fact, there are many applications for loans submitted to one (or more than one) of the international banks with the mandate and jurisdiction to provide funding from countries around the world.

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Notes

  1. 1.

    For more info, please see wikipedia at: www.en.wikipedia.org/wiki/Procurement, www.projects.worldbank.org/en/projects-operations/products-and-services/brief/procurement-policies-and-guidance or www.eib.org/en/about/procurement/index.htm.

  2. 2.

    www.en.wikipedia.org/wiki/Corruption.

  3. 3.

    On 11 December 2018, the BBC publicised that ‘Mozambique’s government has discovered more than 30,000 ghost workers on the civil service payroll. The civil service said some were paid for jobs they had not done, others were dead or fictitious. The fraud had cost the government around $250m (GBP198m) between 2015 and 2017…’ www.bbc.com/news/amp/world-africa-46520946.

  4. 4.

    Pages 19–20.

  5. 5.

    Page 118.

  6. 6.

    For example, the requirement in the Covenant of Integrity used by EIB, see the EIB Covenant of Integrity above, pages 27–29.

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Smith, D. (2021). Projects. In: Promoting Integrity in the Work of International Organisations . Contributions to Finance and Accounting. Springer, Cham. https://doi.org/10.1007/978-3-030-73916-4_4

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