The need to be aware, during program design, of present or future laws that could impede reform. In this case, the passage of the Decentralization Law (2001) appears to have delayed the enactment of the investment law and to have led to the cancellation of the final loan tranche.
Project Name
Industrial Competitiveness and Small and Medium Enterprise Development Program [Loan 1738-INO]
Project Number
31644-013
Report Date
Report Source
Validation of self-evaluation
Country
Sector