Search

This report summarizes the results of the Office of Evaluation and Oversight's (OVE) annual validation of the self-assessments of project performance and results completed by the Inter-American Development Bank (IDB) and IDB Invest in 2019-2020. The IDB and IDB Invest have systems in place to measure the development effectiveness of their operations. These systems use a number of instruments to assess projects at the design, implementation, and completion phases. The design-phase assessment uses a “Development Effectiveness Matrix” (DEM) for sovereign guaranteed (SG) operations. The effectiveness of non-sovereign guaranteed (NSG) operations is measured with a “Development Effectiveness Learning, Tracking, and Assessment tool” (DELTA). Implementation-phase assessments measure SG operations with “Project Monitoring Reports,” while NSG operations are assessed with “Project Supervision Reports.” Upon completion, SG projects are self-evaluated with “Project Completion Reports,” or PCRs. NSG operations, use “Expanded Supervision Reports,” or XSRs when they reach early operation maturity (EOM). OVE validates Managements self-evaluations (PCRs and XSRs) and assigns a final project performance rating to each operation. As part of the 2020 validation cycle, OVE reviewed PCRs for 63 operations, 62 with operational closure (CO fully justified) in 2018 and one in 2013. XSRs were reviewed for 36 IDB Invest operations that had reached early operating maturity (EOM) in 2018.

This Country Program Evaluation (CPE) is the fourth independent evaluation of the Inter-American Development Banks country program with El Salvador conducted by the Office of Evaluation and Oversight (OVE). The evaluation is structured into four chapters plus supplementary annexes. Chapter I analyzes the general context in the country in the framework of the IDB Groups work. Chapter II examines the IDB Groups program in 2015-2019, with particular reference to the relevance of the country strategy and program, as well as the efficiency of their implementation. Chapter III evaluates the degree of progress toward the strategic objectives set out by the Bank in the country strategy for the 2015-2019 period and the IDB Groups contribution toward the achievement and sustainability of those objectives. Chapter IV presents conclusions and recommendations. Lastly, the annexes provide a breakdown of the portfolio and analyses in support of the CPE, including on the extent to which IDB Group Management implemented the recommendations from the previous CPE.

This report summarizes the results of the Office of Evaluation and Oversight (OVE)'s annual validation of the project performance self-assessments of IDB and IDB Invest. IDB self-evaluates project performance and results for sovereign-guaranteed (SG) operations at project closure through Project Completion Reports (PCRs), while IDB Invest prepares self-evaluations for non-sovereign-guaranteed (NSG) projects in the form of Expanded Supervision Reports (XSRs) when operations reach early operating maturity (EOM). As part of the 2018/2019 validation cycle, OVE reviewed XSRs completed by IDB Invest for 35 NSG operations that reached EOM in 2017, and PCRs completed by IDB for 62 SG projects that closed in 2017 and two that closed in 2016.

The review of project self-evaluations and performance ratings by the independent evaluation office is an integral aspect of the project evaluation system across Multilateral Development Banks. At the Inter-American Development Bank Group (IDBG) the Office of Evaluation and Oversight (OVE) has been validating IDB Invests (formerly IICs) project self-evaluations since 2001 and reporting results to the Board. The report summarizes the results and findings of OVEs review of Expanded Supervision Reports (XSR) for 43 Non-sovereign-guaranteed operations that reached early operating maturity in 2016 and of Project Completion Reports (PCR) for 35 Sovereign-guaranteed operations that closed in 2016.

As part of its 2018-2019 annual work program, the Office of Evaluation and Oversight (OVE) of the Inter-American Development Bank (IDB) has evaluated the Country Program with Costa Rica 2015-2018. This is OVEs fifth independent evaluation of the Banks program with Costa Rica. Costa Rica has a stable political environment, has enjoyed solid growth and moderate inflation, and aspires to join the group of the worlds most developed countries. This evaluation serves as input for the new country strategy that the IDB and IDB Invest are currently preparing.

This evaluation of the country program with Paraguay for the period 2014-2018 has been prepared as part of the work program of the Inter-American Development Bank’s Office of Evaluation and Oversight (OVE) for 2018 as an input for preparation of the IDB Group’s future country strategy.This is OVE’s fourth independent evaluation of the Bank’s program with Paraguay.

This approach paper defines the scope and objectives of the Costa Rica Country Program Evaluation (CPE) for the 2015-2018 period. This is the fifth independent evaluation by the Office of Evaluation and Oversight (OVE) that provides an independent look at the Bank’s program with Costa Rica.