 he
Intervest Projects Implementation Review
complements the regular Investment projects, developed in Bulgaria,
Monitoring and Evaluation procedures employed during 2004 projects
implementation .The Intervest covers only a subset of the Investment
projects portfolio. According to the Intervest selection criteria
individual project information was collected for all full and
medium-sized projects under implementation for a minimum of
one year, as of June 30, 2003. This also includes the Open Business
Programme, a joint initiative of the Intervest
Bulgaria , BTPA, CEI, EBRD and the World
Bank. Projects that were operationally completed before
June 30, 2003, were not included in this review.
In addition to reporting on the general performance, implementation
progress and impact achievements of Investment projects in
Bulgaria, the Intervest research engine - now in its second
year - has been restructured to better inform the discussions
between the Intervest Bulgaria and the Agencies within
the Government as part of the overall Portfolio Performance
Review. Particular emphasis has been dedicated to the portfolio-wide
analysis, which is focusing on outcomes and progress towards
impact, participation, sustainability, replicability, and
monitoring and evaluation.
Since the initiation of the first Intervest Bulgaria
Review in 2003 the Investment projects in Bulgaria annual approved
Work Program has grown considerably. The number of projects
for which monitoring information needs to be collected, analyzed
and consolidated during the economics reforms keeps increasing
steadily. The total number of 49 projects being reviewed in
the first exercise-represents a 25% increase for the first quarter
of 2004.  |
