Review of the 2008-2012 Nicaragua Country Partnership Strategy (CPS), the 2010 CPS Progress Report and the CPS Completion Report
This review examines the implementation of the Nicaragua Country Partnership Strategy (CPS) for the period covering Fiscal Years (FY) 2008-2012 and the CPS Progress Report (CPSPR) of FY 2010, and assesses the CPS Completion Report (CPSCR). This eview covers the joint program of the World Bank and... Full Description »
This review examines the implementation of the Nicaragua Country Partnership Strategy (CPS) for the period covering Fiscal Years (FY) 2008-2012 and the CPS Progress Report (CPSPR) of FY 2010, and assesses the CPS Completion Report (CPSCR). This eview covers the joint program of the World Bank and the International Finance Corporation (IFC).
The World Bank Group strategy aimed to support the Government’s development objective of wealth creation and poverty reduction through more broadly shared economic growth, by reactivating the economy, stimulating productivity and competitiveness, improving social equity and opportunity, enabling infrastructure and sustainable development, and strengthening governance and accountability. IEG rates the overall outcome of WBG assistance to Nicaragua as moderately satisfactory, concurring with the CPSCR rating.
IEG concurs with the lessons summarized in the CPSCR. A cross-cutting theme is the complexity in designing and implementing a coherent and results-focused strategy in an environment that is not conducive to budget support, that makes it difficult to engage in high-level policy dialogue, that involves a large number of donors, that is characterized by limited client capacity, that is vulnerable to various shocks, and that has poor data for monitoring and evaluation. IEG also endorses the pragmatic approach recommended in the CPSCR (e.g., an expanded role for Analytic and Advisory Activities (AAA) support, consolidation of the portfolio around a few key areas where dialogue and coordination may be feasible and effective), and underscores the value of tracking evaluation on progress toward extending the technical-level partnerships that have been developed to policy-level partnerships.
Content Type : Reports , Doc Sub Category : CAS Completion Report Reviews , Country : Nicaragua
November 2, 2012