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Lesson
The project highlighted the importance of safeguarding the nation’s wealth fund (State Oil Fund of the Republic of Azerbaijan or SOFAZ) to ensure that social programs and development priorities are sustained. In times when the nation’s wealth fund can be compromised due to external factors, exploring and pursuing viable funding options to meet the government’s financial obligations can ease pressures on the use of the fund other than its intended purposes.

Project Number: 49451-002
Project Name: Shah Deniz Gas Field Expansion Project
Report Date:
Lesson
Further reforms, building on this program’s achievements, are needed to secure a sustainable improvement in public infrastructure and service delivery and ultimately living standards in Nauru.

Project Number: 52073-001
Project Name: Improving Public Investment Management Program
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Lesson
It is important to consider the use of benchmarks and a longer timeframe for the establishment of eco-compensation mechanisms that often entails difficult and lengthy negotiations.

Project Number: 38594-013
Project Name: Guiyang Integrated Water Resources Management (Sector) Project
Report Date: