Government and World Bank Review Performance of World Bank Funded Projects
Acting Country Manager for the World Bank in Mozambique Mr. Luiz Tavares speaks during the Country Portfolio Performance Review (CPPR) held in Maputo Friday.
Innovative portfolio performance monitoring tools have been introduced as the Traffic Lights Monitoring tables
The performance of the portfolio, together with the Country Policy and Institutional Assessment (CPIA) scores and other considerations are used to determine the amount of IDA allocations to the country.
Because of improved performance, Mozambique is set to receive additional IDA funding.
There has been better understanding by both the Government and the Bank of the key challenges affecting project implementation in Mozambique
MAPUTO, September 18, 2009 - The World Bank and the Government of Mozambique jointly reviewed the performance of the World Bank-funded projects during the annual Country Portfolio Performance Review (CPPR) held in Maputo today. The meeting was co-chaired by the Ministry of Planning and Development. The meeting was well attended with over 100 participants from all the project implementing ministries and other oversight agencies. Reflecting the increasing government ownership of the annual review process, the presentations were made by selected government staff directly involved in project implementation. These presentations were followed by panel and plenary discussions.
This year’s CPPR format was considered an improvement, since it involved the project teams to a much greater extent. It also reflects an evolution over the past three years in the management of the portfolio, with more systematic attention by both MPD and the Bank, as well as the introduction of the “Traffic Light” monitoring table that provides a useful snap-shop of the overall status of the portfolio. These efforts are paying off:
There has been better understanding by both the Government and the Bank of the key challenges affecting project implementation in Mozambique
There is close coordination between the Bank and MPD on addressing outstanding issues
There is greater awareness by (and pressure on) the project teams and their Ministerial officials to take remedial measures
The Government and the Bank have instituted cross-cutting initiatives to address key challenges to project implementation; for instance, through training and progressive adoption of country systems
"The result of our collective efforts is an overall improvement of the portfolio performance. The number of problem projects has generally declined from four problem projects in 2006 to three in 2007, two in 2008 and two in 2009, and we’re expecting continued improvements in the coming months. Three years ago, the quality of the portfolio was below the Bank's average for the Africa region. It is now performing well above the regional average," said Luiz Tavares, World Bank Acting Country Manager for Mozambique.
The amount of financial resources that a country receives from the World Bank’s soft loan arm, the International Development Association (IDA), is partly based on the performance of the portfolio as well as its Country Policy and Institutional Assessment (or CPIA) scores. Because of the improved performance in both over the past few years, Mozambique will be allocated additional IDA funding.
The Minister of Planning and Development hailed the progress and reiterated the Government’s commitment to work harder in order to continue improving the portfolio performance and thus achieve broader and faster development impact. The Governor of the Banco Mocambique, Ernesto Gove (who chaired part of the meeting), also emphasized the significance of progress in the areas of projects and other policy reforms and how it has translated into increased IDA resources.
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