ALSF Board adopts 2013 work­plan, bud­get

The Pak Banker - - Front Page -

TU­NIS

The Man­age­ment Board of the African Le­gal Sup­port Fa­cil­ity (ALSF) met to­day at the Tem­po­rary Re­lo­ca­tion Agency of the African Devel­op­ment Bank Group (AfDB) in Tu­nis. The ob­jec­tive of the meet­ing was to dis­cuss, among other is­sues, the Work Plan and Bud­get for 2013 and the progress made since last meet­ing.

The Man­age­ment Board that is re­spon­si­ble for defin­ing the ALSF strat­egy and over­see­ing its work also re­viewed the achieve­ments of the Fa­cil­ity over the past year. The Board adopted the Work Plan and Bud­get for 2013, tak­ing into ac­count the Medium Term Strat­egy (MTS) adopted in 2012 that pro­vides a five-year roadmap (2013-2017).

The ALSF has sen­si­tized Re­gional Mem­ber Coun­tries (RMCs) on le­gal is­sues re­lated to key sec­tors rel­e­vant to their eco­nomic devel­op­ment. As a re­sult of con­tacts made and iden­ti­fi­ca­tion mis­sions con­ducted dur­ing 2012, the ALSF has faced an in­creased de­mand from the RMCs for tech­ni­cal as­sis­tance and over 20 projects are now in the pipe­line.

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