Page 28 - EXIM-Bank_Annual-Report-2023

EXIM BANK MALAYSIA
26 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
PERFORMANCE MEASUREMENT

FRAMEWORK

SPECIFIC DISCLOSURE ON DEVELOPMENT PERFORMANCE
The Performance Management Framework (PMF) is an outcome-based management tool which looks beyond traditional financing
growth indicators to capture DFIs non-financial development impact through measurement of socio-economic impact indicators.
This approach is intended to create strategic alignment, where incentives are structured to facilitate the achievement of meaningful
developmental outcomes.

Anchored in the principles of additionality, the PMF aims to achieve two main objectives:

To refine DFIs’ focus towards delivering tangible
01 socio-economic benefits and advancing broader 02 To establish a unified and transparent performance
developmental agendas. assessment methodology across all DFIs.

By embracing the PMF, the Bank not only reinforces its commitment to transparency and accountability, but also nurtures a culture
of continuous improvement and strategic coherence. The PMF helps to demonstrate the Bank’s aspiration towards realising
sustainable socio-economic progress and fostering inclusive development for the communities it serves.
The development mandate for EXIM Bank is assessed through three dimensions:

Achievements of the four Enablers pursued in maximising Adequacy of DFIs’ ecosystem to
additionalities outlined under developmental impact and pursue developmental objectives
the PMF. additionalities (i.e., infrastructure, and institutionalisation of the PMF
products, strategies, processes, within DFIs.
initiatives, etc.).

The assessment of its development mandate involves a multifaceted approach, considering key dimensions such as the
achievements of outlined additionalities, the enablers enhancing developmental impact, and the adequacy of the Development
Finance Institutions (DFIs) ecosystem in pursuing developmental objectives. This analysis also delves into the institutionalisation
of the Performance Measurement Framework (PMF) within DFIs.