In April, 2008 the World Bank and the Local Government Engineering Department (LGED) commenced a study with the following objectives: (i) to assess fiduciary and operational risks in LGED's management of projects, assets and other resources, and in the Local Government Division (LGD), Ministry...

The Local Government Division, Ministry of Local Government, Rural Development and Cooperatives (LGD) agreed, as part of the identification of a follow-up project to the on-going Rural Transport Improvement Program (RTIP), to launch an Operational Risk Assessment (ORA) of the Local Government...

The Local Government Division, Ministry of Local Government, Rural Development and Cooperatives (LGD) agreed, as part of the identification of a follow-up project to the on-going Rural Transport Improvement Program (RTIP), to launch an Operational Risk Assessment (ORA) of the Local Government...

The past 25 years have witnessed unprecedented changes around the world - many of them for the better. Across the continents, many countries have embarked on a path of international integration, economic reform, technological modernization, and democratic participation. As a result, economies...

"The objective of this paper is to provide an overview of the changes in the calculation of minimum regulatory capital requirements for credit risk that have been drafted by the Basel Committee on Banking Supervision (Basel II). Even though the revised credit capital rules represent a dramatic...