Elements to Consider When Establishing the Envisaged Development Bank of Mozambique : Policy Note
This note identifies elements to consider when establishing and operating the proposed Development Bank of Mozambique (MDB). It is motivated by the recently circulated draft National Development Strategy which calls for the creation of a developmen...
| Main Author: | |
|---|---|
| Format: | Policy Note |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/01/19263607/elements-consider-establishing-envisaged-development-bank-mozambique http://hdl.handle.net/10986/17360 |
| Summary: | This note identifies elements to
consider when establishing and operating the proposed
Development Bank of Mozambique (MDB). It is motivated by the
recently circulated draft National Development Strategy
which calls for the creation of a development bank to
promote economic development by mobilizing and allocating
financial resources for long-term investment. The note
neither endorses nor opposes the establishment of the
proposed development bank in Mozambique. The note is
organized as follows: following this introduction, section
two highlights recent progress in outreach and access to
finance in Mozambique and identifies three market gaps,
limited availability of long-term finance, agricultural
finance, and Small and Medium Enterprise (SME) finance,
which are often cited as reasons for government
intervention; section three assesses a potential role for
the development bank in addressing these gaps; section four
discusses elements to consider when establishing and
operating such development bank; and section five concludes. |
|---|