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The project is submitted to IFC's Board of Directors for thing to consider and approval via regular or streamlined strategies. "Streamlined" ensures that the members in the Board critique the documents but Really don't meet up with to debate the project. This feature is offered to lower-hazard projects of a sufficiently small dimensions.

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The project workforce commences to negotiate the conditions and terms of IFC participation in the project. These incorporate conditions of disbursement and covenants, effectiveness and checking prerequisites, agreement of action designs and resolution of any fantastic troubles.

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