ORSB – ANGOLA COUNTRY STRATEGY PAPER 2011 - 2015
Non-Lending Activities:
promote
flagship
projects
with
demonstration or beneficial spill-over
effects. In parallel, the creation of
specific credit lines to M-SMEs and
training programs for entrepreneurs
should address fundamental structural
prerequisites for the creation of those
enterprises. Linked to the institutional
reform, the creation of the governmental
PPP unit, supported by the Bank, will
spearhead
innovative
financing
approaches that ease the budget
burden, promote knowledge transfer
and foster the creation of domestic
enterprises. The PPP unit will also
promote non-sovereign funding to
commercially viable PIP projects. The
Bank’s support to PIP management will
leverage the efficiency of the publicprivate
synergies,
alongside
the
enhancement of the development
outcomes of the program. The PIP
furnishes the Bank with infrastructure
projects that will address PSD
constraints and enhance regional
integration.
3.2.3 Analytical Work and Policy
Advisory Services will inform the
design of new projects to be
implemented during the midterm
review of the CSP program. The
Government has requested Technical
Assistance
to
reform
its
PSD
institutional and policy framework, and
technical support in setting up the PPP
unit resulting from the new legal
framework. Other interventions will
target the strengthening of public
administration in particular the public
expenditure management. Annex 4
presents the Bank Group’s 2011-2015
Indicative –non-lending programs.
3.3
Monitoring and Evaluation
3.3.1 Monitoring Results: A Logical
Framework (see LogFrame at Annex 1)
provides a set of indicators to measure
the output and outcomes of Bank’s
program under this CSP. In the absence
of robust logframe indicators for the ongoing projects, these are not included in
the current logframe. The PISU unit to
be housed in the MinPlan as part of the
ICBPR project in support of the
implementation of the CSP will be
assigned for the collection of data and
the monitoring of
the program
performance.
Lending Activities
3.2.2 The emphasis will be on
flagship infrastructure projects that
are part of the PIP, to be financed
with non-concessional resources
when commercial financing or PPPs
are not available. Concessional
resources will target specific areas key
to PSD and projects that could not be
financed otherwise, typically technical
assistance and capacity building
operations. Pillar II focuses on key
sectors
namely
Power
and
Transportation. Feasibility studies for
large-scale projects will be financed
through loans and, where possible, MIC
grants. Annex 4 presents the Bank
Group’s 2011-2015 Indicative lending
program for Angola.
3.3.2 A mid-term review of this CSP
will be prepared by end-2013. The ongoing reformulation of the Country’s PIP
for 2011, from where the Banks
identified its projects23, will help define
the Bank’s assistance program. Hence,
the lending portfolio is indicative
pending definitive consultation from the
GoA.
3.4
23
19
Country Dialogue Issues
See §2.7.3