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This report summarizes the findings, conclusions and recommendations of an independent evaluation of the “Paris Declaration Implementation at the African Development Bank”.
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The evaluation concluded that the Bank has made substantial progress in its use of Polic-Based Operations, moving away from past dependence on the IMF and the World Bank for design of its engagement in structural adjustment operations
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The overall assessment by the report was highly positive. Bank support was judged to have played an important role in supporting policy reform and institutional strengthening.
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The Bank has participated within an increasingly better functioning framework of budget support in Ethiopia reflected in the lesser problems with disbursement that have been encountered.
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The report found that the degree of harmonisation and alignment of policy-based operations has improved significantly over the evaluation period. Policy dialogue and strategic engagement by the Rwanda field office also improved.
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Since 2008 the government of Sierra Leone appears to have a stronger strategic focus and direction. However there remain major concerns about corruption and fiscally unfavourable agreements with private companies, highlighted by high profile cases in relation to mining agreements.
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The report found that there has been a positive trend in AfDB participation in policy dialogue, but its capacity and added value in policy dialogue remains limited.
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The report shows that decentralisation has increased the efficiency of the policy-based operations implementation, but decision-making authority is still limited at country level.
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The long delays in fulfilling loan conditions, inadequate quality at entry, problems of implementation capacity caused many delays in achieving results. A slow but gradual improvement can be seen though.
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While it had been envisaged that the operation would lead both to greater engagement in financial sector reform in Egypt, and to a follow-on operation, neither of these transpired.