Download Liberia Country Program Evaluation 2004-2011 (Independent by World Bank PDF

By World Bank

This record evaluates the results of worldwide financial institution team aid to Liberia from its post-war reengagement in 2003 via 2011.
The nation has moved from overall disarray to a superb beginning for inclusive improvement. even supposing improvement has now not moved ahead as fast as was hoping, tremendous growth has been made. Public finance and key associations were rebuilt; an important delivery amenities were restored; and hospitals, colleges, and universities are working. The debilitating burden of big exterior debt has been eradicated. even though the govt merits lots of the credits, this good fortune should not have been attainable with no exterior improvement and safeguard companions, together with the realm financial institution Group.

Regarding results, the rebuilding of public associations has noticeable big growth, with very important achievements in restoring public funds and reforming the civil provider. in regards to the rehabilitation of infrastructure, the realm financial institution workforce has helped increase the stipulations of roads, ports, energy offer, and water and sanitation. despite the fact that, international financial institution staff monetary help has been quite modest in regards to facilitating progress, however it has helped with coverage recommendation and in filling gaps left by means of different companions.

With regard to the 3 cross-cutting issues of financial institution crew approach, a few powerful courses have been performed, together with capability improvement at numerous middle public finance-related corporations. even if, the combination of those topics throughout global financial institution staff interventions, which used to be the underlying purpose, nonetheless wishes a imaginative and prescient and higher articulated method.

Finally, the financial institution and the foreign financial Fund led efforts to minimize Liberia’s inherited exterior debt burden below the improved Highly-Indebted terrible kingdom Initiative and the Multi-lateral Debt reduction Initiative mechanisms.
Most improvement companions have confronted the duty of transitioning from help for emergency reconstruction to aid for sustained improvement. it is a major problem for the area financial institution team, coming at a time whilst the dynamism which characterised its emergency help is generally gave the impression to be abating.

Although the assessment is in vast contract with the technique of the Liberia application, matters advantage better realization: (i) the stewardship of normal assets, together with the necessity to systematically improve the standard of governance around the worth chain of assets— with the overarching target of sharing the advantages between all Liberians; (ii) the necessity to create task possibilities, particularly between formative years, and to deal with the pervasive unemployment/ underemployment challenge. ultimately, there's a have to increase the funding climate.

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