Research Series Issue 14 - Disbursement performance of the International Fund for Agricultural Development (IFAD)

This paper investigates the trends and the influencing factors of IFAD’s project disbursement performance over the past 20 years. Based on data from 577 projects in 111 countries, the study finds that disbursement of funds are often delayed and time-consuming.

Using econometric analysis, the study assesses the internal and external factors affecting the amount and timeliness of disbursements, and provides important lessons on how international financial institutions such as IFAD can better monitor and manage this important aspect of their development effectiveness.