Identity area

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Operations (Loan) Committee

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        Description area

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        The Loan Committee was responsible for reviewing all IBRD and IDA adjustment operations, debt operations, and Expanded Cofinancing Operations which provided policy-based quick-disbursing assistance to borrowing countries. In addition, a regional vice president could request that the Loan Committee review and provide guidance on any investment operation with exceptional or unusual features. The Loan Committee was replaced in January 1996 by the Operations Committee and that Committee's mandate was changed to concentrate on the review of Country Assistance Strategies and on select operations which warranted Bank-wide attention because of their policy implications, risks, innovative nature, etc.

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