IEG Fast Track Brief

32 items available

Permanent URI for this collection

Fast Track Briefs inform the World Bank Group (WBG) managers and staff about new evaluation findings and recommendations.

Items in this collection

Now showing 1 - 1 of 1
  • Thumbnail Image
    IFC in Nigeria : An Independent Country Impact Review
    (Washington, DC, 2008-10) World Bank
    Independent Evaluation Group's (IEG's) country impact review (the report) examines if, from July 1998 through December 2007, International Finance Corporation (IFC): (i) successfully defined a relevant and appropriate strategy for helping Nigeria tackle its most pressing needs; (ii) provided investment and advisory services that were reflective of IFC's strategy; and (iii) achieved positive development results. IFC's strategies in Nigeria reflected the characteristics of IFC's process for development of country strategies jointly with the World Bank. These characteristics include: (i) poor integration with IFC's main strategy and budget process; (ii) loosely formulated country objectives and priorities in terms of sectors and products; and (iii) little or no resource allocation. As a result, IFC's strategies for Nigeria have not fulfilled their purpose of setting priorities, defining targets, and securing the human, organizational, and other resources required.