Monday, November 21, 2011

Costa Rica.Public Finance and Competitiveness Development Policy Loan Project

Ratings for the Public Finance and Competitiveness Development Policy Loan Project for Costa Rica were as follows: outcomes were satisfactory; risk to development outcome was low or negligible; Bank performance was satisfactory and borrower performance was also satisfactory.

Some lessons learned includes: the operation was developed within the objectives of the Government's medium-term plan, which establishes clear priorities developed through wide consultation with stakeholders and broader civil society.
The priority legislative agenda was developed in consultation with the Parliamentary leadership on an ongoing basis. Agree up front with the government and other financial partners on a coordinated accountability framework. Choose actions critical for achieving results as prior actions for disbursement.

World Bank. Document Date:2011/03/08. Document Type:Implementation Completion and Results Report.Report Number:ICR1703.Volume No: 1 of 1