The Bank introduced three years ago a new instrument, Program for Results (PforR), as per the Board paper of December 29, 2011. As foreseen in the Board paper, World Bank Management has now provided a review of the first two years of operation (document dated March 17, 2015). This review assessed the early experience with the design and implementation of PforR operations and the challenges faced by borrowers, development partners, and Bank staff...
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