Program-for-Results is a new instrument designed to enable the Bank to better respond to changing development needs, meet demand from client countries, and enhance development effectiveness. It links disbursements to achievement of results that are tangible, transparent, and verifiable. By directly supporting government programs, Program-for-Results will help countries strengthen institutions, build capacity, and enhance partnerships with stakeholders...
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A new instrument to advance development effectiveness: program-for-results financing (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/687711468325286151