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Internal Bank Performance Factors
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| Evaluation Highlights | - Results measurement, monitoring, and evaluation all need to be improved.
- The transport sector is now handling nearly twice the volume of commitments with fewer staff than it did in fiscal 2000.
- Staff resources need to be redeployed and strengthened.
- There appears to have been a partial avoidance of projects that require longer and more costly preparation.
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Table 7.1: Average Economic Rate of Return of Transport Projects, Approval Years 1995-2005 | Mode | No. of projects with ERR estimates at appraisal | ERR at appraisal (%) | ERR range of appraisal | No. of projects with ERR estimates at completion | ERR at completion | ERR range at completion | Multiple modes | 13 | 36 | (16-91) | 11 | 31 | (14-78) | General transport (urban) | 11 | 26 | (13-40) | 8 | 30 | (13-60) | Roads and highways | 59 | 29 | (12-65) | 53 | 29 | (10-79) | Trade facilitation | 1 | 19 | 19 | 1 | 27 | 27 | Railways | 7 | 32 | (15-68) | 5 | 22 | (–14-64) | Ports and waterways | 5 | 26 | (18-37) | 4 | 16 | (11-22) | All transport | 96 | 30 | (12-91) | 82 | 28 | (–14-79) | Source: IEG data. Note: ERR= economic rate of return |
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