
746 | Chapter 25
1. The Bank should properly assess the repayment prospects of the loans. For this
purpose, it should consider the availability of natural resources and the existing
productive plant capacity to exploit the resources, and open to the plant, and it
should also consider the country’s post-debt record.
2. The Bank should lend only for specific projects that are economically and
technically sound and of a high-priority nature.
3. The Bank lends only to enable a country to meet the foreign exchange context
of any project cost. It normally expects the borrowing country to mobilise its
domestic resources.
4. The Bank does not ...