Crisis Recovery Support Program

Technical Assistance Support is Important for Crisis Programs. There was no technical assistance with the program. The absence made it difficult to monitor the outcome of the loan. A technical assistance (TA) would have been useful for monitoring budget execution in general, and monitoring of expenditures supported by the program in particular, including budget execution reports, expenditures in key programs for social protection (pension, family benefits, and unemployment insurance), social impact assessment, and financial flows and bank accounts related to regular and special safety-net programs. It would have helped track results and progress in achieving the targets and could have brought some advisory services to the government on fine-tuning the anti-crisis program as the implementation results emerged. The TA could have helped develop a second generation follow-up crisis recovery program in case the impact of the crisis had played out longer in the country.