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Update on cooperation among multilateral development banks (Inglês)

Through initiatives of recent years and consistent pursuit of stronger partnership, the structure of an MDB network for cooperation and coordination is now firmly in place, but there is still much work to be done to turn strategic decisions into action on the ground. Going forward, the MDB leadership is open to recommendations that would further strengthen the efficiency and relevance of the MDB group and support from its owner- and partner countries. Building on and supporting the strategic direction of the Presidents, during 2003 other senior managers engaged in a dialogue on policy and operations, and technical working groups addressed issues of cooperation and harmonization, including such diverse issues as performance-based allocation of concessional resources, memoranda of understanding, piloting harmonized approaches at the country level, and coordinating country assistance strategies in specific countries. A senior liaison group actively provides general coordination and advice, and provides a joint link to other external partners. As this report demonstrates, cooperation between MDBs has continued to grow during the year since the latest joint update on cooperation. Through the cooperation on harmonization and on managing for results, including major international high level events, and growing cooperation in analytical work and operations, MDBs are clearly at the forefront in a partnership approach to development activities. But more needs to be done to turn good intentions and strategic alignment into real results.

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