Assam Governance and Public Resource Management Sector Development Program

Program design of this nature should focus on the core elements of the government's fiscal reform agenda, and avoid numerous policy actions, with overarching themes, until fiscal consolidation measures generate positive results. Overly ambitious and complex conditions could lead to delays in tranche releases and program completion, undermining the achievement of fiscal outcomes. The careful configuration and sequencing of the policy actions through multiple tranches, using an appropriate time frame, provide the executing agencies with enough flexibility to meet specific targets and a gestation period.