Management's Implementation of OVE Recommendations: IDB Group's Evaluation Recommendations Tracking System 2020
Peer Reviewed
Date issued
November 2021
Subject
Monitoring and Evaluation;
Sovereign Guaranteed Operation;
Non-Sovereign Guaranteed Operation
JEL code
H83 - Public Administration • Public Sector Accounting and Audits
Category
Technical Notes
This is OVE's fifth full validation of the progress made in implementing its recommendations under the IDB Group's Evaluation Recommendation Tracking System (ReTS) and the third self-standing report. The ReTS is a system designed to periodically provide the Boards of Executive Directors of the IDB and IDB Invest with timely information on the action taken by Management, the progress made, and the challenges encountered in implementing the OVE recommendations that the Boards endorsed. Assessing to what extent recommendations have been addressed is essential for institutional accountability.
