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Program-for-Results (PforR)

Two-Year Review

In January 2012, the World Bank introduced a new lending instrument, Program-for-Results (PforR). PforR supports government programs and links the disbursement of funds directly to the delivery of defined results with a special focus on strengthening institutions. A number of PforR operations have been approved and have begun implementation, and the Bank has just concluded the review of the first two years of implementation.

When PforR was approved, the World Bank's Board of Executive Directors asked the Bank's Management to do an initial review of experience with the new instrument after two years of implementation. The review was completed and discussed by the World Bank’s Board of Executive Directors on April 9, 2015. It was concluded that the PforR instrument has been successfully introduced in a range of sectors and countries, and all the policy requirements have been met.

Surveys were conducted with client country counterparts to gauge their knowledge of the instrument. In countries, where there were active PforR operations, we conducted more detailed surveys of PforR partners and stakeholders. Information and dialogue sessions were held during the Annual and Spring meetings with members of government delegations, development partners, and representatives of CSOs. We have also held separate meetings with various stakeholders.