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Paraguay - Enhancing Fiscal Management, Social Protection, and Financial Inclusion Development Loan Project : Honduras - Fiscal Sustainability and Enhanced Social Protection Development Policy Credit Project (English)

Ratings for the Enhancing Fiscal Management, Social Protection, and Financial Inclusion Development Loan Project for Paraguay were as follows: outcomes were moderately unsatisfactory, risk to development outcome was moderate, Bank performance was moderately satisfactory, and Borrower performance was satisfactory. Some lessons learned included: strong government commitment, and the timing of engagement at the start of an administration, can provide an important window of opportunity for frontloading a reform program. Strong analytical work and technical assistance can ensure a timely, relevant, and adequate program design. Close coordination with other multilaterals during the design and implementation is encouraged and necessary to avoid diminishing returns.

Details

  • Document Date

    2017/02/28

  • Document Type

    Implementation Completion and Results Report

  • Report Number

    ICR4127

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Paraguay,

  • Region

    Latin America & Caribbean,

  • Disclosure Date

    2017/03/06

  • Disclosure Status

    Disclosed

  • Doc Name

    Honduras - Fiscal Sustainability and Enhanced Social Protection Development Policy Credit Project

  • Keywords

    social program;fiscal;social protection program;public sector staff;institutional framework for debt management;Fiscal Reform;framework agreement;financial deficit;social assistance program;transmission and distribution;fiscal reform program;fiscal consolidation;Macroeconomic Stability;public sector wage bill;monitoring and evaluation system;monitoring and evaluation arrangement;foreign currency risk;extreme poverty;Fiscal Sustainability;procurement method;electricity subsidies;macroeconomic and fiscal;quality at entry;wages and salary;budget support operations;government's reform program;debt management strategy;power sector reform;Public Debt Management;annual saving;public finance;financial statement;social spending;oil price;fiscal deficit;market price;data collection effort;fiscal consolidation episode;crime and violence;fiscal consolidation effort;case of electricity;future earning capacity;program of support;current account balance;official poverty line;gdp growth rate;gross national income;weak financial position;telecommunications development;weights and measure;social protection system;errors of inclusion;error exclusion;targeted social program;quality of supervision;financial management reform;capacity of institutions;debt service payment;alternative payment mechanism;implementation of reform;dispatch of generation;data collection activity;distribution and transmission;terms of trade;producer of electricity;external public debt;reduction of inequality;Public Financial Management;prudent fiscal management;public sector employment;Wage Bill Management;international community;economic slowdown;external borrowing;concessional financing;fiscal space;vulnerable population;outcome indicator;Advisory services;electricity tariff;commercial loss;tariff structure;holding company;cost efficiency;fiscal adjustment;primary author;Energy Sector;share purchase;investment operation;fiscal situation;cross subsidy;budgetary control;government's strategy;current expenditure;tax revenue;procurement function;pilot program;Debt Policy;Economic Management;fiscal resource;macroeconomic stabilization;programmatic operations;budgetary resource;energy subsidies;strategic objective;Reducing Debt;social gains;net export;target social;capital expenditure;donor coordination;regular monitoring;program development;procurement system;capital spending;high energy;macroeconomic situation;electronic procurement;wage expenditure;private investment;nominal wage;procurement capacity;procurement process;program objectives;fiscal policy;merchandise export;merchandise import;fiscal account;electoral cycle;result indicator;payroll audit;Procurement Policy;Fiscal policies;political spectrum;lessons learnt;staff position;Public Employment;improving competitiveness;social inclusion;social security;Exchange Rates;macroeconomic shock;exclusion error;downward pressure;agricultural price;export good;persistent poverty;coffee production;leaf disease;cultivated area;vulnerable group;debt market;target indicator;debt auction;term debt;financial indicator;indigenous descendants;universal coverage;subsidiary company;conditional cash;capacity constraint;reform process;income inequality;development partner;government's commitment;reform package;credit effectiveness;government ownership;learning ability;trade partner;important component;multilateral institution;european commission;electricity sector;internal factor;vulnerable segment;fiscal stability;governance risk;unequal country;fiduciary risk;political uncertainty;electricity companies;poor infrastructure;humanitarian crisis;child migration;outward migration;debt level;put pressure;commercial management;fiscal impact;enhanced transparency;social transfer;domestic bond;rising debt;residential sector;monetary policy;financing need;complaint mechanisms;financial sustainability;fiscal program;incentive grant;fiscal position;fiscal cost;analytical study;long-term sustainability;technical standard;macroeconomic balance

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Citation

Paraguay - Enhancing Fiscal Management, Social Protection, and Financial Inclusion Development Loan Project : Honduras - Fiscal Sustainability and Enhanced Social Protection Development Policy Credit Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/611851488823112336/Honduras-Fiscal-Sustainability-and-Enhanced-Social-Protection-Development-Policy-Credit-Project