Download Report - Independent Evaluation Group - World Bank

xiPrefaceThis is the Project Performance Assessment Report (PPAR) on four lending operationsto the Republic of Madagascar from 1996 to 1999, to assist in improving public managementand creating a favorable environment for the private sector, with the overarching objectives ofopening the economy to market forces and reducing poverty.The Public Management Capacity Building Project (Projet d’Appui Institutionnel auSecteur Public – PAIGEP 1 ) (Credit 2911-MG), in the amount of SDR 9.6 million, was approvedon September 3, 1996, became effective on December 18, 1996, and was closed onDecember 31, 2002, 18 months behind the original date. The Credit was fully disbursed.The First Structural Adjustment Credit (SAC-I) (Credit 2937-MG and Interim TrustFund Credit N0120-MG), in a combined amount of SDR 49 million, was approved onMarch 14, 1997. The ITF Credit became effective on April 1, 1997, and the IDA Credit onJune 20, 1997. Both Credits closed on December 31, 1997, the original date, and were fullydisbursed.The Private Sector Development and Capacity Building Project (Projet d’AppuiTechnique au Secteur Privé - PATESP 2 ) (Credit 2956-MG), in the amount of SDR 17.2million, was approved on May 29, 1997, became effective on February 18, 1998, and wasclosed on December 31, 2002, the original date. Ninety-seven percent of the Credit wasdisbursed.The Second Structural Adjustment Credit (SAC-II) (Credit 3218-MG), in theamount of SDR 73.5 million, was approved on May 29, 1999, became effective onJune 30, 2000, and was closed on December 31, 2002, one year behind the original date.Ninety-nine percent of the Credit was disbursed, with the balance cancelled. The Credit wassupplemented by two Supplemental Credits. The first (Credit 32181-MG), in the amount ofSDR 15.2 million, was approved on July 20, 2000, became effective on September 20, 2000,and was closed on December 31, 2002. The second (Credit 32182-MG), in the amount of SDR23.5 million, was approved on December 22, 2000, became effective on June 25, 2001, andwas closed on December 31, 2002. Both supplemental Credits were fully disbursed.The PPAR is based on all relevant Bank and IMF documents and on interviews withBank and IMF staff. An Independent Evaluation Group (IEG) mission visited Madagascar inOctober 2005 to discuss performance with officials who implemented the projects,representatives of donors, and staff of the Bank resident mission. Basic Data sheets are inAnnex A.Comments from the Bank’s Regional Management were incorporated in the report. Adraft report was sent to the Government of Madagascar for comments. The Governmentreplied that it had no comments (see Annex E).This report was prepared by Pierre de Raet (Consultant), who assessed these projects inOctober 2005, under the supervision of Ms. Zeynep Taymas (Task Manager). Ms. H. JoanMongal provided administrative support.1 Throughout this report, the French acronym will be used because it is the one used in all Bank documents.2 Idem.