With pressure for greater accountability and value for money in public budgets, widening the use of results-based financing (RBF) and setting up adequate independent mechanisms to verify results is becoming increasingly important. In January 2012, the World Bank launched the Program-for-Results (PforR), an innovative financing instrument that disburses funds upon delivery of verified results in developing country programs. Until now, the use of independent...
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INFORMATION
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2012/05/01
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Fiche
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72605
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1
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1
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2012/09/17
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Disclosed
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Independent verification in results-based financing
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performance of service provider