Fifth Independent Evaluation of SCF's Expanded Project Supervision Report Exercise
Pires, Jose Claudio Linhares; Lodato, Simon; Soares, Tatiana Fontes; Huppi, Monika; Gray, Cheryl
Each year the Structured and Corporate Finance Department (SCF) of the Inter-American Development Bank prepares a set of Expanded Project Supervision Reports (XPSRs). This Fifth Independent Evaluation Report presents the annual independent validation of the XPRSs by the Office of Evaluation and Oversight (OVE). The exercise has been carried out in line with the Good Practice Standards for Private Sector Operations issued by the multilateral development banks' Evaluation Cooperation Group. Each project is evaluated on four dimensions: Development Outcome, IDB Profitability, IDB Additionality, and IDB Work Quality. This XPSR exercise covers all nine SCF projects that reached Early Operating Maturity in 2011. These projects were approved mostly in 2008 and 2009 during the global financial crisis, although one dates back to 2006. The portfolio consists of five financial operations (all located in C&D countries) and four non-financial sector operations (located in A&B countries). This report presents the main findings and conclusions from the evaluation exercise. Some specific financial, business or proprietary information has been edited, in compliance with the Bank's Access to Information Policy.