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Bolivia - Lake Titicaca Local Sustainable Development Project : restructuring : Main report (Inglês)

The development objective of the Lake Titicaca Local Sustainable Development Project for Bolivia is to contribute to local sustainable development in the Bolivian part of the Lake Titicaca watershed. The Project has been under implementation for just over four years and progress toward achievement of these objectives is currently rated as moderately unsatisfactory. The restructuring is intended to rectify deficiencies in the Project's implementation arrangements, and to bring the Project back to satisfactory implementation. The Project scope is to be reduced to activities already completed; activities already initiated by Vice Ministry of Tourism (VMT), but not completed, which have been transferred to FPS (Fondo Nacional de Inversion Productiva y Social); and other works originally assigned to FPS for implementation which will be completed by the extended Project closing date of February 2, 2015. Outstanding payments and audits for Project activities carried out under VMT responsibility will be completed by June 30, 2012. To accommodate changes in implementation arrangements and to allow for completion of the remaining Project activities, as part of the restructuring the Project closing date will be extended, for the first time, upon the Recipient's request from June 30, 2013 to February 2, 2015.

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