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Program-for-Results Financing


In January 2012, the World Bank introduced a new lending instrument, Program-for Results (PforR). PforR supports government programs and links the disbursement of funds directly to the delivery of defined results with a special focus on strengthening institutions. A number of PforR operations have begun, and the Bank is now conducting a review of the first two years of implementation to begin learning from implementation.

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Program-for-Results: Two-Year Review to take stock

When PforR was approved, the World Bank's Board of Executive Directors asked the Bank's management to do an initial review of experience with the new instrument after two years of implementation. The review assessed the early experience with the design and implementation of PforR operations and identified early lessons and recommendations.

The concept paper for the review was discussed by the Board's Committee on Development Effectiveness on November 25, 2013. As part of the review, surveys were conducted with client country counterparts to gauge their knowledge of the instrument. Information and dialogue sessions were held during the Annual and Spring meetings with members of government delegations, development partners, and representatives of CSOs. The country visits for each region and consultation meetings to share the main findings of the two-year review and find out if those match the experience of stakeholders have been completed. Please visit the PforR Consultations Page for feedback summaries and the schedule of the trips and meetings.

The review was discussed with the Board Committee at the end of October.

As noted in the concept paper, the Independent External Panel of Experts that played a critical role in enhancing the quality, rigor, transparency, credibility and impact of the review was set up. Please find the names of Experts here. The Panel had the broad range of experience and expertise that was necessary to fulfill its responsibilities, which were set out in the terms of reference.

Program-for-Results: An Update. October 2014 (pdf)

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Last updated: 2014-10-16

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