CY 2004 ODA PORTFOLIO REVIEW


In summary, based on several indicators, the country’s ODA loans portfolio performance dipped in 2004, reversing trends of improvement in previous years. This is largely on account of the budgetary issues, the elections in 2004, and delays in procurement activities. With the Medium-Term Public Investment Program in place, priority projects identified are intended to be fully supported by the budget. Moreover, key projects of GOCCs, which encountered delays in procurement, have now started implementation. Thus, the ODA portfolio’s performance is expected to improve again.

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ODA 2004 Annexes