Implementation Completion and Results Report - Economic Governance Reform Operation
Summary — This report assesses the Economic Governance Reform Operation (EGRO) in Haiti, which aimed to increase transparency and efficiency in the use of public resources. The operation supported reforms in budgetary processes, public procurement, anti-corruption efforts, and public enterprise management. The report finds the operation to be satisfactory in achieving its objectives.
Key Findings
- The EGRO supported critical economic governance reforms identified by the Government in the ICF.
- The operation was a key component of IDA's program of re-engagement in Haiti.
- Haiti made significant progress toward strengthening macroeconomic stability during 2004-06.
- Considerable progress was achieved in budget preparation and execution.
Full Description
The Implementation Completion and Results Report evaluates the World Bank-supported Economic Governance Reform Operation (EGRO) in Haiti. The EGRO, consisting of an adjustment credit and grant, aimed to support the government's implementation of critical economic governance reforms to increase transparency and efficiency in the use of public resources and external assistance. Key objectives included improving budgetary processes and financial controls, strengthening public procurement processes, stepping up anti-corruption efforts, improving efficiency and transparency in the management of public enterprises and the Road Maintenance Fund, and creating a mechanism for civil society to monitor economic governance reforms.
The report assesses the relevance of the operation's objectives, design, and implementation, as well as the achievement of program development objectives. It also examines factors affecting implementation and outcomes, the performance of the Bank and the borrower, and lessons learned. The report concludes that the EGRO was satisfactory in achieving its objectives and that the government has demonstrated commitment to continuing the reforms.