Project assistance As outlined in the assistance strategy, countries then develop their own projects with World Bank financing and technical support.  The project cycle outlines the process of identifying, financing, implementing, and evaluating throughout a project's life. Various financing options are available based upon the type of assistance needed. Loans or credits for these projects are then submitted to the  Executive Directors for approval, the World Bank's decision-making body which represents all member countries. It is important to note that the Implementation of projects is managed by the government itself. The government establishes an office, referred to as the Implementing Agency, which is responsible for aspects of implementation such as procurement and selection of consultants. Project Guidelines Operational Policies set guidelines to ensure that projects meet the World Bank's own criteria such as social and environmental standards.  Project evaluations are conducted of projects to capture and share lessons on previous experiences.   World Bank-supported projects East Asia & Pacific
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