The Inter-American Development Bank has come up with a ‘”results framework” that sets quantifiable goals to gauge its development contribution in Latin America and the Caribbean through 2015.
The targets were cited in a new interim report chronicling the bank’s ongoing efforts to improve the outcomes of its projects using its Development Effectiveness Framework, which was approved in 2008.
The targets include satisfactory results of at least 70 percent for sovereign guaranteed loans and 80 percent for non-sovereign guaranteed operations, reduction in administrative expenses by 17 percent, an increase in the number of women in management positions to 35 percent, and deployment of 40 percent of professional staff in borrowing member nations.
The results framework also calls for expected outcomes of and massive increases in those benefiting from IDB-backed education, health, water and sanitation projects. One goal entails a tenfold growth in people receiving basic health services, from 2 million between 2005 and 2008 to 23 million by 2015, while another involves a fivefold increase in household with upgraded sanitary connections to 3.6 million from 680,000.
