At first glance, Russia’s economy looks strong. In 2012, when the global economy was losing momentum and the Eurozone was stuck in recession, growth in Russia was solid, based on resilient domestic consumption. But a closer look reveals weaknesses. Read More »
The key objectives of the report are to
evaluate the quality of the project implementation processes
and engagement of the population in the project, describe
activities... Show More + implemented with support from the Bank as well as
preliminary outcomes and lessons learned. The report
discusses capacity building events, citizens'
participation in microprojects identification, development
of competitive bids, selection of microprojects by the LISP
tender commission, signing microproject contracts and
provision of subsidies, and microprojects co-financing. The
report advises in conclusion, that with a careful and
aggressive awareness-building campaign, the public is ready
to provide significant co-financing of the project, and the
level of such co-financing only marginally depends on
people's income levels; and in 2011 and subsequent
years, the level of co-financing should be given more weight
as an evaluation criteria, especially for settlements that
used to receive subsidies from the project before. Show Less -