Strengthening Economic Management Program

Policy reforms are largely politically driven. The involvement and roles of government, stakeholders and politicians and the benefits to each party are important considerations in the design and implementation of policy-based loans. With a change in government in 2013, actions initiated under the program could have been altered, reversed or subject to delays or resistance. However, the program initiatives were fully endorsed by the new government, demonstrating that the program was well thought out and designed to transcend politics.