ANSWER:
Under the terms of the typical loan or grant agreement, an executing agency (EA) is the government unit officially or legally responsible for carrying out or implementation of the project. In some instances, for example where the project is multi-sectoral and has several different components or sub-components, there might be a need to identify different agencies responsible for implementation for the relevant components or sub-components. In such cases, the EA is usually the main government unit responsible for overall coordination of the project and the implementing agency or agencies (IAs) are the more specialized government unit(s) identified to carry out or implement a particular component or sub-component.
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