Countercyclical Support

Target dates for performance indicators should be sufficiently set long after the likely date of disbursement or policy action. This is to identify a plausible causal relationship between investments and actions taken by the program and a change in the performance indicators. This was not the case in the performance indicators under output 1. Even under the most optimistic scenario, it is difficult to envisage that the financing of the 2016 national budget could have impacted the contribution of medium- and small-medium-sized enterprises sector to GDP, labor productivity in agriculture, and the volume of nonresource exports by enterprises in the same year.