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Former Yugoslav Republic of Macedonia - Public Expenditure Policy Based Guarantee (PEPBG) Project (anglais)

Ratings for the Public Expenditure Policy Based Guarantee (PEPBG) Project for Former Yugoslav Republic of Macedonia were as follows: outcome was highly satisfactory, risk to development outcome was moderate, Bank performance was highly satisfactory, and Borrower performance was highly satisfactory. Some lessons learned included: a PBG can be a useful instrument for leveraging Bank resources to facilitate a much larger resource transfer through commercial...
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