Final disbursement.Preparation of WA(s) for final disbursement(s) of project loan
and tranche disbursement of a policy-based loan should be closely coordinated
between ADB and the borrower and/or EA, particularly if the remaining unutilized
balance is expected to be fully utilized.
4.17 Winding-up period.10
The borrower may make withdrawals from the loan account
for expenditures incurred on or before the loan closing date. Expenditures incurred
after the loan closing date will not be financed under the loan. ADB may allow up to
4 months after the loan closing date (i) for the borrower’s WAs to be submitted to ADB
for expenditures incurred on or before the loan closing date, and (ii) for the borrower
to fully liquidate expenditures incurred on or before the loan closing date. After the
winding-up period, WAs, including requests for liquidation, will not be accepted.
Extension of the winding-up period, on an exceptional basis, may be approved by ADB
(Section 4.14).
4.18 Within 2 months after the winding-up period for submission of documents, the
borrower should fully refund any outstanding imprest account balances to ADB. If the
borrower fails to fully refund such balances, ADB may, among other corrective actions,
decide not to allow the use of the imprest fund procedure under the borrower’s new
projects until such time as the refund is received.
4.19 Payment of final audit fees.If external auditor’s fees are financed by ADB, it is
best practice to pay the audit fee before the loan closing date after completing the
final audit (Section 4.15). When audit fees under a project need to be paid after the
closing date, special arrangements may be required for payment of the final audit fee
from the loan account. External auditor’s fees for the final fiscal year may be disbursed
from the loan account, under condition that (i) the borrower signs a contract for the
final audit prior to the loan closing date, and (ii) the contract is a lump-sum or fixedprice contract that requires completion
11
of audit within 6 months after the loan
closing date. If the audit work cannot be completed during the winding-up period, and
the final audit fee will be paid through the escrow account, full supporting documents
should be attached to the WA (see Appendix 4D for more details).
4.20 Refunds.All refunds must be paid to ADB’s accounts at its depository banks with
payment details indicating (i) references such as loan number, (ii) description or
nature of the refund, and (iii) currency and amount of refund. The borrower and/or
EA should send advice to ADB’s Treasury Services Division (TDTS) and CTLA once
a refund is made.

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Use full of Condom that you never know now we show you what it can do and use full for you!!

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Movie 2015 (Spy doman to Australia for Drink Red label)

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Spy doman to Australia for Drink Red label the drink many of class but ok and the may be find some girl for go home he very poor of Drink but he strong with Fly and fight and so all now no one ...

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law society

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CHARTEROFTHEUNITEDNATIONS WETHEPEOPLESOFTHEUNITEDNATIONS DETERMINED tosavesucceedinggenerationsfro mthescourgeo fwar,whichtwic einourlifetimehasbroughtuntoldsorrowtomankind,and toreaffir mfaithinfundamentalhumanrights,inthedignityandwortho fthe humanperson,intheequalrightso fmenandwomenando fnationslargeand small,and toestablishconditionsunderwhichjusticeandrespectfo rtheobligationsarising fro mtreatiesandothersourceso finternationalla wcanbemaintained,and topromotesocia lprogressandbetterstandardso flif einlargerfreedom, ANDFORTHESEENDS topracticetoleranceandlivetogetherinpeacewithoneanotherasgood neighbors,and touniteourstrengthtomaintaininternationalpeaceandsecurity,and toensure,bytheacceptanceo...

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(adsbygoogle = window.adsbygoogle || []).push({}); 11.16 For policy-based loans with a list of ineligible items of imports (negative list), the borrower is required to submit a certificate (Appendix 11B) in support of the WA (Appendix 11A). The certificate confirms that ȕ the value of the eligible imports as defined in the loan agreement (Section 11.14) for the fiscal year is greater than the amount of requested withdrawal, and ȕ the requested withdrawal will be used to finance eligible items procured in accordance with the provisions...

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How Approve from the bank loan?

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Audit Arrangements 10.28 The imprest fund procedure must be audited at least annually by independent and qualified auditors acceptable to ADB. The audits are carried out as part of the regular annual audits of the project financial statements prepared by the borrower, EA, or IA. 11 Review by ADB Staff 10.29 ADB reserves the right to conduct spot or random checks of the imprest account and expenditures paid from the imprest account (including those expenditures paid from the subaccounts) through special disbursement missions or review missions,...

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