Bank Instruments    Loans   Grants & Trust Funds   Analytical and Advisory Assistance   Evaluations   Procurement   Results: Projects in Action   Active Projects Worldwide, average World Bank annual lending commitments are about US$11 billion in combined project and policy lending. The World Bank finances and supports a project at the request of the Government. An appraisal of the project's feasibility and loan terms is followed by negotiations, Board review, and signing. The loan only becomes effective after it has been ratified by the government. More information:
 World Bank Project Cycle
 Main World Bank Projects & Programs Website Loans
Borrowing countries use these funds for purposes such as purchasing goods and equipment, obtaining technical services, and constructing civil works.
 Financing Instruments Back to top Grants & Trust Funds
Administered by the World Bank, these funds are provided by donor countries for specified purposes, particularly to reach the most disadvantaged groups or in extreme situations, such as in the aftermath of conflict.
 Development Grant Facility Â
Analytical and Advisory Assistance
The World Bank's shares its global knowledge and experiences with its client countries through analytical reports and studies, policy discussions, consultations, workshops and other activities. Evaluations
The World Bank has a responsibility to the people of a borrowing country to monitor the progress of the projects it finances. Evaluations are conducted both by those working on projects and by independent parties.
 Operations Evaluation Department Back to top
Procurement
Under World Bank-financed projects, procurement is managed by the government. The government unit responsible is called the Project Implementing Agency. Detailed guidance on the Bank’s procurement policies and procedures is available at the following links:
 Procurement Guidelines
 Procurement and Tender Information Results: Projects in Action
Learn more about recent Labor & Social Protections achievements in the region:
 Results: Ongoing Progress in Labor & Social Protections in Latin America & the Caribbean More information:
 International Finance Corporation: Promoting private sector investment.
 Multilateral Investment Guarantee Agency: Promoting foreign direct investment.
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All Projects and Programs lists are automatically generated. Some projects are listed because they have an economic policy component, even though they may not entirely be about economic policy in Latin America & the Caribbean Region.
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